LATEST PUBLICATIONS
DP 2019-08
Understanding the New Globalization: Implications for the Philippines
PN 2019-09
Strengthening Institutional Links for Irrigation Water Governance
PN 2019-08
Evaluation of National Irrigation Systems in the Philippines
PIDS Book 2019-01
Harnessing the Fourth Industrial Revolution: Creating Our Future Today (Proceedings of the Fourth Annual Public Policy Conference 2018)
Publication Detail
DP 2017-39: Crop Insurance Program of the Philippine Crop Insurance Corporation: Integrative Report from the Five Case Regions in the Philippines

Risk is a daily reality especially among agricultural producers in developing countries, thus agricultural insurance is of interest to farmers, policymakers, insurance companies, and development finance institutions. From a survey data of 2,512 farmers, this paper sheds light on the possible factors affecting insurance availment among the farmers in five selected regions in the Philippines. The farmers' reasons for availing of crop include: encouraged by neighbors, friends, relatives and because of the agricultural technicians in the local government unit. Farmers also shared that insurance is a requirement for getting a loan. Among the possible factors for insurance uptake, level of education, farming experience, and membership in farmer organization are significant factors in the availment of crop insurance from the Philippine Crop Insurance Corporation. Increasing coverage rate of crop insurance among farmers remains to be a challenge in a highly subsidized crop insurance program of the Philippines.

Philippine Institute for Development Studies
Authors Keywords
Reyes, Celia M.; Agbon, Adrian D.; Mina, Christian D.; Arboneda, Arkin; Philippines; poverty; crop insurance; PCIC; risks and shocks in agriculture; Philippine Crop Insurance Corporation;
Download PDF Number of Downloads
Published in 2017 and available in the PIDS Library or can be downloaded as full text Downloaded 1,026 times since December 18, 2017