A new law has been passed in the Philippines which will expand insurance coverage to farmers and fishers. The country's the Philippine Crop Insurance Corporation (PCIC approved legislation which mandates House of Representatives) to provide additional cover to workers in the agricultural and fishing industries against losses arising from natural disasters, disease and pest infestations. The law makes it mandatory for many farmers and fishery owners to participate in the scheme, which covers equipment and infrastructure, as well as personal injury and life insurance for workers.
A new law has been passed in the Philippines which will expand insurance coverage to farmers and fishers. The country's House of Representatives approved legislation which mandates the Philippine Crop Insurance Corporation (PCIC) to provide additional cover to workers in the agricultural and fishing industries against losses arising from natural disasters, disease and pest infestations. The law makes it mandatory for many farmers and fishery owners to participate in the scheme, which covers equipment and infrastructure, as well as personal injury and life insurance for workers.