MANILA, Philippines — The Department of Agriculture (DA) is increasing the indemnity for each hog culled due to the African Swine Fever (ASF) outbreak.
In a statement, Agriculture Secretary William Dar said his agency, through the Philippine Crop Insurance Corporation (PCIC), will double the indemnification payout as part of the administration’s efforts to encourage hog raises badly hit by the outbreak to get back to business and help stabilize pork supply and prices in the country.
“Through the PCIC insurance program, we are doubling the indemnification payout for every pig that contracts ASF from P5,000 to P10,000. With the increased indemnity, hog raisers are encouraged to report affected pigs, thus controlling the ASF from spreading,” Dar said.
“The PCIC swine industry insurance program strongly complements the DA’s twin program of Bantay ASF sa Barangay to effectively control, contain and manage the ASF, and the Integrated National Swine Production Initiatives for Recovery and Expansion (INSPIRE) or hog repopulation program to revive the country’s swine industry,” he added.
The DA-PCIC is the country’s sole and exclusive government agricultural insurance firm.
According to DA-PCIC president Atty. Jovy Bernabe, the swine insurance program is a relaxed version of the agency’s regular livestock insurance program, offering free premium payments for backyard raisers and discounted premium for commercial hog raisers, and increased indemnity payments for culled hogs.
“For backyard swine raisers, the subsidy will be 100 percent of the premium cost, provided they are listed in the Registry System for Basic Sectors in Agriculture (RSBSA), while for commercial swine raisers, the premium subsidy will be discounted,” Bernabe said.
For backyard farmers, Bernabe said the DA-PCIC provides 1.75 percent premium for fatteners and 3.5 percent for breeders, which are waived as free. Commercial farmers pay the same premium rates, discounted from the regular rates of 2.25% and 4%, for their stocks to be covered.
He added that the insurance covers P10,000 per head for fatteners, P14,500 per head for breeders, and P34,000 per head for parent stocks.
Aside from backyard swine raisers and farmers’ cooperatives, the insurance program will also cover local government units, and state colleges and universities, which implement respective hog fattening and breeding programs.
“The hog farms must be registered with the LGU, which in turn, must have organized the Bantay ASF sa Barangay. Also, their operations must be compliant with the Biosecurity Level 1 standards or a level of farm biosecurity in compliance with minimum standards set by the Philippine College of Swine Practitioners (PSCP),” he said.
“The provincial and municipal governments that have jurisdiction over the farms of the beneficiaries must have adopted harmonized ordinance relevant to the prevention of ASF. Likewise, the municipal government must implement and regularly update the Municipal ASF Control and Prevention Plan, aligned with the initiatives of the DA Regional Field Office (RFO),” he added.
Dar urged backyard and commercial hog raisers to secure insurance packages and take advantage of the free and discounted insurance premium, respectively, offered by DA-PCIC to “regain your livelihood and businesses, and more importantly revive our ASF-stricken swine sector.”