The Philippine Crop Insurance Corp. (PCIC) on Sunday said it has paid P3.97 billion in indemnities last year under its agricultural insurance for farmers and fisherfolks across the country.
In a report submitted to Agriculture Secretary Emmanuel Piñol, PCIC President and CEO Atty. Jovy Bernabe said the figure was 75.37 percent up from the P1.937 billion in 2017.
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