123 Farmers and Livestock Raisers in E.B. Magalona Receive P416K in Crop and Livestock Insurance Payout
August 12, 2024
A total of 123 rice farmers and livestock raisers from the Municipality of E. B. Magalona have received their indemnity assistance for damaged crops and livestock from the Philippine Crop Insurance Corporation (PCIC) at the payout at the Public Plaza Monday [August 12].
Of the number, 80 were from Barangay Canlusong and 43 from Barangay San Isidro.
Mayor Marvin Malacon, who graced the payout, stressed that the local government is strongly supportive of the livelihood of the farmers.
Municipal Agriculturist Efren Garcia Jr. said the Municipal Government has been sponsoring the premium fee of E. B. Magalona farmers and fisherfolk who want to insure their crops, livestock, and fishing boats.
He added that the Municipality of E. B. Magalona is the first local government unit in Negros Occidental to sponsor the premium fee of its farmers and fisherfolk who want to insure their crops, livestock, and fishing boats.
In Monday's payout, Garcia said the PCIC distributed a total of P416,340 in indemnity assistance, where each beneficiary received an assistance ranging from P1,800 to P4,500 for their damaged crops or livestock this year due to pests and diseases.
Leading the payout was PCIC Third District insurance underwriter Raymond Calonia.*
-E. B. MAGALONA PIO
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