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Philippines: Fishermen to get free insurance

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The Philippine Crop Insurance Corp. and the Bureau of Fisheries and Aquatic Resources have announced free insurance coverage to thousands of fishermen in 42 provinces in the Philippines for their damaged fishing equipment, reports The Fish Site.

PCIC would provide coverage to around 115,000 fishermen and has allocated around 1.18 billion Philippine pesos ($27 million) in total for insurance coverage of farmers and fishermen.

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