Weather Protect Insurance conducts survey on Drought insurance across Bukidnon Province
December 14, 2023Weather Protect Insurance conducts Willingness-To-Pay survey across Bohol Province
January 17, 2024CLIMBS’ Weather Protect Insurance plays a crucial role in sustainable agriculture solutions.
Mr. Randy Abalos Dabin of Ilocos Consolidated Cooperative Bank (ICCB), one of the farmer-members, shares a brief testimony on how the Weather Protect Insurance has been a great help to their livelihood and how it has alleviated their farming practices by providing them with pesticides to protect their crops from pests and disease. Weather Protect Insurance, with the support of international partners such as the Insuresilience Solutions Funds (ISF), IBISA, Alliance of Bioversity and CIAT, has assisted farmer-members across the country in safeguarding their source of income by ensuring payouts are made as soon as possible. Additionally, Ilocos Consolidated Cooperative Bank (ICCB) President, Mr. Ruben Habon, expresses his gratitude to CLIMBS Weather Protect Insurance for the fast payouts they received from Typhoon Egay triggers, which they converted to farm inputs such as fertilizers, pesticides, insecticides, and seedlings for their farmer members. In order to address the harrowing challenges brought on by climate-related risks, WPI aims to broaden and increase its influence in the field of agriculture by cultivating partnerships and support from international partners and both private and public sectors.
Another brief testimony from Ms. Sonia Umani, a farmer-member from San Basilio Credit Cooperative, of how CLIMBS’ Weather Protect Insurance assists farmers by giving them fertilizers and insecticides for their crops. The Weather Protect Insurance, guarantees that farmers in the agriculture sector are effectively protected in times of tragedy or disaster by ensuring quick and fast payouts in times of trigger. Subsequently, Mr. Romulo Veliselye, a farmer-member from the SACDECO Bantay Branch, expresses his deep gratitude to CLIMBS’ Weather Protect Insurance for ensuring that payouts are efficiently distributed to the coops and added to their savings accounts. This momentum paves the way for parametric insurance and smart farming solutions to significantly contribute to one of the WPI’s primary objectives in aiding and assisting in livelihood of farmer-members’ in times of a disaster or tragedy.
For more details, please click the links down below to watch the video testimonials:
https://fb.watch/pm2KG0ihlX/
https://fb.watch/pm2LY-XOTn/
https://fb.watch/pm2OIpB_Ch/
https://fb.watch/pm2Q9qQ8Iy/