INSURANCE CARAVAN. Farmers attend the first high value crops insurance caravan on Thursday (May 23, 2024) at the Laoag Centennial Arena. The Department of Environment and Natural Resources and the Philippine Crop Insurance Corporation target to provide insurance policy to around 70 accredited peoples' organizations in the province. (Photo courtesy of DENR-Ilocos Region)
LAOAG CITY – Farmers engaged in forest development in the province of Ilocos Norte can now be insured by the Philippine Crop Insurance Corporation (PCIC) in partnership with the Department of Environment and Natural Resources (DENR).
“There are around 70 peoples organizations’ in Ilocos Norte and we hope to insure their high-value crops for their protection in case of calamities,” Provincial Environment and Natural Resources Officer Victor Dabalos said in an interview Thursday.
To reach out to more farmers and speed up their registration to avail of the insurance package, DENR-Forest Management Bureau and the PCIC held a caravan on high-value crops at the Centennial Arena in this city Thursday.
The forestry and agroforestry species that may be insured in the existing High Value Crops (HVCs) insurance program include falcata, mahogany, gmelina, narra, lauan, rubber, bamboo, coffee, cacao and fruit-bearing trees.
“I am so glad to have this insurance program for our farmers. This will be of great help to them when calamity strikes,” Governor Matthew Joseph Manotoc said in his speech during the opening of the caravan.
He said there are at least four high-value crops that the province is focusing on this year to maximize economic development --coffee, cacao, bamboo, and salt. (PNA)
