The Philippine Crop Insurance Corporation (PCIC) represented by Engr. Christopher P. Gloria, Insurance Underwriter Designate, awarded indemnity checks to four Agrarian Reform Beneficiaries (ARBs) in a simple ceremony held last February 11, 2014 at Masbate City.
The said ARBs/farmers from San Juan, Mandaon, Masbate were indemnified for the actual loss of crops incurred during Typhoon Yolanda that hit the Visayas and some parts of Mindanao and Southern Luzon in the first week of November last year. The following were the recipients of indemnity cheques: Alex A. Brodeth received the amount of P 8,175.00; Anthony V. Brodeth got P 7,442.50; while Salem R. Alva and Renante D. Rivaldo were given P 5,873.00 and P 6,012.50 respectively.
This was the first time in the Province of Masbate that the Agrarian Insurance Program (AIP), a joint partnership program between the Department of Agrarian Reform (DAR) and PCIC, has given indemnity cheques to ARBs/farmers.
During the awarding program, Engr. Gloria said that the main objective of the government is to provide crops, livestock and accident insurance to ARBs so that they will be encouraged and motivated to work and develop their farms to the fullest extent without fear of losses during natural calamities. He emphasized that the insurance is totally free since the government pays the premiums for the ARBs.
In his message, OIC-PARPO Samuel R. Ongcal, Jr. expressed that the AIP plays a crucial role in the development and improvement of the lives of ARBs. He said that because of the insurance coverage, the ARBs can now conveniently obtain loans from financial institutions for their agricultural business and other farm activities.
OIC-MARO Rudy Delgado and ARPT/DF Rolando J. Panghulan, both from DARMO Mandaon, Masbate, also shared some messages in their opening and closing remarks respectively. They both talked about their experiences and struggles in the field and assured that despite the many challenges and difficulties, they will still continue to give their full dedication and effort in doing their jobs and in helping the ARBs/farmers.
Mr. Alex A. Brodeth, one of the four ARBs awarded with indemnity cheques also expressed his gratitude to DAR and PCIC for all the support and help accorded to affected farmers. He said that the indemnity money awarded to him can augment his financial capacity, thus enabling him to do more agricultural work in his farm. He added that because of the AIP he doesn’t have to worry anymore about his crops during and in the event of a typhoon or other calamities.