Farming is a risky job. There are many unexpected things that might happen throughout the course of your food production venture. Seeds didn’t sprout. Plants devastated by typhoon and pests. Rainfall became scarce. Then the expected yield was never realized. The worst case, you may never get your capital back and your are left crying in the corner.
Yes, farming is risky but there are ways to minimize the chance of lost. Use a hybrid and high yielding variety. Don’t plant during typhoon season. Keep up to date on latest cultural practices and pest & diseases preventing and fighting techniques. Provide a good irrigation. And, the uncommon thing in agricultural practice, getting a crop insurance. Apply for a crop insurance from Philippine Crop Insurance Corporation (PCIC). It is an attached agency of the Department of Agriculture responsible for issuing crop insurance to qualified farmers, crops, farm animals, area, season and form of loss.
PCIC Insurance Programs
– rice crop insurance
– corn crop insurance
– high-value commercial crop insurance
– livestock insurance
– non-crop agricultural asset insurance
– fisheries insurance
– and, term insurance packages
Before deploying the resources of yours, consider consulting PCIC. Know if you are qualified. Minimize your risk of crop loss.
For more information, please refer to:
Philippine Crop Insurance Corporation (PCIC)
3rd Floor, VAG Building, Ortigas Avenue
San Juan, Metro Manila 1502
Tel. No. (632)-721-5461 to 65
Fax No. (632)-727-1291Email: email@example.com_pcic@mindgate.net.ph