Philippine Crop Insurance seeks charter extension for 25 years

inquirer.net

The Philippine Crop Insurance Corp. (PCIC) plans to request a 25-year extension of its charter when the 20th Congress convenes on July 28. This is to ensure the firm's continued operation. PCIC President Jovy Bernabe stated the state-run firm's charter is set to expire in 2028. The agency believes its current charter is sufficient and that the extension will simplify operations. The PCIC, which provides insurance to farmers, aims to increase coverage and has recently partnered with the Insurance Commission to enhance services. The agency is attached to the Department of Agriculture.


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Philippine Crop Insurance seeks charter extension for 25 years | News Minimalist