President Ferdinand Marcos Jr. leads the distribution of land titles to beneficiaries in Tacloban City in this file photo taken on May 20, 2024. | PHOTO: Official Facebook page of the Presidential Communications Office
MANILA, Philippines — President Ferdinand Marcos Jr. on Friday encouraged farmers and fishermen to enroll in the Department of Agriculture’s insurance program as protection for their livelihood in times of calamities.
He said this in his speech during the distribution of Certificates of Land Ownership Award (CLOAs) and Certificates of Condonation with Release of Mortgage (COCROMs) in Isabela on Friday.
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“The Department of Agriculture is extending the insurance of our [farmers] and fishermen to ensure that you are prepared and protected from any damage of crisis or disaster that may come to your farms,” Marcos said.
“This insurance for crops or fishing equipment is very important, especially in regions that are often hit by typhoons or disasters,” he added.
“That’s why I encourage our farmers and fishermen to enroll in this program, the Philippine Crop Insurance Corporation, to ensure the protection of your livelihoods against disasters,” Marcos further said.
During the event, Marcos led the distribution of 456 CLOAs and electronic titles for the SPLIT (Support to Parcelization of Lands for Individual Titling) Project for 346 agrarian reform beneficiaries (ARBs) across Isabela.
He also handed over 25,773 COCROMs to 21,496 ARBs, which forgave the ARBs debts worth P1.1 billion.