
Philippine Crop Insurance Corporation
The Philippine Crop Insurance Corporation (PCIC) is a government agency that provides insurance coverage to Filipino farmers and fisherfolk. Its goal is to protect them financially against losses caused by natural disasters, pests, and other risks that can damage or destroy their crops and livestock. By offering timely payouts, PCIC helps farmers recover and continue their livelihoods, encouraging agricultural productivity and stability. It plays a vital role in promoting a resilient farming sector and ensuring equitable growth in the country's agriculture industry.