PCIC allocates P251 million for Typhoon Tino-hit farmers

The Philippine Crop Insurance Corporation (PCIC) has allocated P251 million to compensate insured farmers affected by Typhoon Tino.

A rapid assessment conducted from November 4 to 7 covered nine regions, identifying 32,247 insured farmers impacted by the typhoon.

The total estimated insurance payment amounts to approximately P250.6 million, with damages valued at P56.7 million for rice, P42.3 million for corn, and P74.3 million for high-value crops.

Eastern Visayas (Region VIII) accounted for nearly one-third of the affected farmers, with 10,352 individuals.

Central Visayas (Region VII), Negros Island Region, and Eastern Visayas recorded the bulk of insured damages, amounting to P169.9 million.

PCIC staff have been instructed to continue assisting affected farmers and to expedite the processing of their claims.