GENERAL INFORMATION ON THE PREMIUM RATE EXCLUDED RISKS

Premium rate is variable per region, per season and per

RICE CROP INSURANCE PROGRAM risk classification. This shall be shared by the farmer, Losses arising from:
lending institution and the government. • Fire from whatever cause;
OBJECT OF INSURANCE • Theft and robbery, pillage, sequestration, strikes
The object of insurance shall be the standing rice crop COVERED RISKS or other commotion, war, invasion, acts of foreign
planted on the farmland specified on the insurance • Natural disasters including typhoon, flood, drought, enemies, hostilities (with or without declaration of
application, which the assured farmer has an insurable earthquake, volcanic eruption and tornado. war), civil war, rebellion, revolution, insurrection,
interest on.
• Plant diseases (e.g., tungro, rice blast/neck rot, acts of terrorism, military or usurped power or
AMOUNT OF COVER grassy stunt, bacterial leaf blight and sheath blight). radio-active contamination whether controlled or
The insurance shall cover the cost of production inputs uncontrolled;
• Pest infestation by any of the following major
per Farm Plan and Budget (FPB), plus an additional • Any measure resorted by the government in the
amount of cover (at the option of the farmer) of up to a pests: rats, locusts, armyworms/cutworms,
larger interest of the public;
maximum of 20% thereof to cover portion of the value stemborers, rice grain bugs, black bugs and brown
planthoppers/hopperburns. • Avoidable risk emanating from or due to neglect
of the expected yield, subject to the following prescribed
of the assured/non-compliance with the accepted
cover ceilings per hectare:
farm management practices by the assured or
Maximum Cover FARMER/FARMER ORGANIZATION person authorized by him to work and care for the
Inbred Varieties ELIGIBILITY
Ceiling insured crop;
• Any borrowing farmer or group of farmers who
Irrigated/Rainfed PhP 41,000 obtains production loans from any lending institution • Strong winds and heavy rains not induced by
participating in the government-supervised rice typhoon;
Seed Production PhP 50,000
production program and GOCCs/GFIs/NGOs/DILG- • Unintentional acts of persons, natural or judicial,
Hybrid Varieties LGUs-sponsored credit programs. that may cause damage to the insured crop;
Commercial Production (F1) PhP 50,000 • Any self-financed farmer/farmer organization (FO)/ • Losses arising from failure to comply with the
people’s organization (PO) or group of farmers eligibility requirements; and
Seed Production (A x R) PhP 65,000
who agrees to place himself/themselves under the • Any cause or risk not specified under Covered
technical supervision of Agricultural Technologist, Risks Section.
TYPES OF INSURANCE COVER or Supervising Credit Technician.
Losses occurring:
Multi-Risk Cover - This is a comprehensive coverage • Any Farmer Organization (FO) or People’s • Prior to the effectivity of insurance;
against crop loss caused by natural disasters (i.e., Organization (PO) or group of farmers duly qualified
• Prior to seed growth (coleoptile); and
typhoon, flood, drought, earthquake, volcanic eruption under the PCIC rules and regulations.
and tornado) as well as infestation of selected major • Beyond the scheduled date of harvest, unless
plant pests and diseases. harvesting could not be undertaken on such
FARM ELIGIBILITY
scheduled dates due to adverse weather conditions
Natural Disaster Cover - This is a limited coverage • The farm must not be part of a riverbed, lakebed,
as certified to by the Agricultural Technologist/
against crop loss caused by natural disasters. marshland, shoreline or riverbank;
Municipal Agriculturist or death of the assured and
• The farm must have an effective irrigation and that the subject loss occurs within five (5) days
drainage systems. Rainfed areas are eligible farms after the scheduled date of harvest.
PERIOD OF COVER
The insurance coverage shall be from direct seeding or during wet cropping season subject to planting cut-
transplanting up to harvesting, provided, the insurance off date;
coverage shall commence from the date of issuance DOCUMENTS REQUIRED IN APPLYING FOR COVER
• The farm must be accessible to regular means of
of the Certificate of Insurance Cover (CIC) or from the Individual Borrowing and Self-Financed Farmers
transportation;
emergence of seed growth (coleoptiles), if direct seeded • Application for Crop Insurance
or upon transplanting, whichever is later. • The farm must be suitable for production purposes (PCIC Pro-Forma Individual Application)
in accordance with the recommended Good Showing the basic information about the farmer,
INSURABLE RICE VARIETIES Agricultural Practices (GAP)/Package of Technology the farm (e.g., planting/harvest schedules, farm
All rice varieties accredited for production by location, farm size, variety planted, boundaries),
(POT) (e.g., right zinc content); and
the National Seed Industry Council (NSIC) or as and other details of the coverage.
endorsed by the Municipal Agriculturist. • Farm location must have generally stable peace
and order condition and not hazardous to health. • Farm Plan and Budget
Borrowing/Self-Financed Farmers Applying
as a Group
NOTICE OF DEVIATION
In case of deviations from the Farm Plan and Budget, or
Application for Crop Insurance, the assured farmer shall
RICE
• Application for Crop Insurance
(PCIC Pro-Forma Group Application)
file a notice of deviation to the RO/PEO within ten (10)
calendar days from actual planting date. A deviation may
be any of the following:
CROP
INSURANCE
Containing the names and addresses of the
borrowers/self-financed farmers, planting/harvest
• Change in date of direct seeding/transplanting;
schedules, farm sizes, farm locations, adjacent
lot owners/farmers, seed varieties and signatures
•
•
Change
Change
in
in
seed variety;
method of planting;
General Information
of the farmers/borrowers, and other details of
• Change in size of actual area planted; and
coverage.
• Change in farm location
• Standard Farm Plan and Budget
ADJUSTMENT AND SETTLEMENT OF CLAIM
WHERE TO FILE APPLICATION FOR COVERAGE Verification and Loss Assessment
• Lending institution where farmers obtain their A team of adjusters composed of two (2) members, one
production loans; from PCIC and the other from either the DA/DILG, LGU,
• PCIC Regional Office (RO); DAR, NIA or concerned LI, shall verify the claim.
• PCIC Extension Office (PEO); or
• PCIC accredited underwriting agents. Loss Category:
• Total loss - if loss is 90% and above.
WHEN TO FILE APPLICATION FOR COVERAGE • Partial loss - if loss is more than 10% and below 90%.
• No loss - if loss is 10% or less.
For Self-Financed Farmers
Any day before the date of direct seeding or transplanting
Amount of Indemnity “Sa Paglaban sa Kahirapan at Gutom,
up to thirty (30) calendar days after direct seeding or
The amount of indemnity shall be based on the following: Crop Insurance, Katulong sa Pagbangon.”
transplanting, provided that:
• Stage of cultivation at time of loss;
• No risk insured against has occurred;
• Farms meet the eligibility requirements; • Actual CPI applied or CPI per FPB applied at time of
loss, whichever is lower;
• There is no imminent occurrence of calamities and
disasters or pest/disease outbreak. • Percentage of yield loss; and DEPARTMENT OF AGRICULTURE
• Amount of Cover.
For Borrowing Farmers PHILIPPINE
Upon filing of application for loan. Settlement of Claim
A claim shall be settled as expeditiously as possible but CROP INSURANCE
CLAIM FOR INDEMNITY not later than sixty (60) calendar days from submission of
complete claims documents to PCIC RO or PEO. CORPORATION
In the event of loss arising from risks insured against,
such as typhoon, flood, earthquake or tornado, a written
Claim for Indemnity (CI) shall be sent to the PCIC RO or NO-CLAIM BENEFIT Philippine Crop Insurance Corporation
PEO within twenty (20) calendar days from occurrence of The assured is entitled to a no-claim benefit of ten (10)
loss and before the scheduled date of harvest. percent (10%) of his/her aggregated net premiums paid HEAD OFFICE
during the immediately preceding three (3) insured crop 7F Building A, NIA Complex, EDSA,
seasons if he/she has not filed any claim for the said crop Diliman, Quezon City
In cases where the cause of loss is due to pest infestation,
seasons. Phone: (02) 441-1324
plant disease or drought and where the effect of damage
Fax: (02) 361-8983
is gradual or the full extent thereof is not determined DEATH BENEFIT Email Address: [email protected]
immediately, the CI shall be filed upon discovery of loss This is a built-in benefit component of the rice insurance
but in no case shall it be filed later than ten (10) calendar package equivalent to ten thousand pesos (PhP 10,000),
days before the scheduled date of harvest per ACI or FPB. regardless of amount of cover, per assured farmer who
may suffer death within the term of coverage; provided,
the said farmer is not more than eighty (80) years of age
at the inception of insurance. Visit us at:
http://pcic.gov.ph
REVISED JULY 2018