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News Non-Life22 Jul 2019

Taiwan:Farmers might receive increased compensation for crop and livestock losses

The Taiwan government has passed a draft bill to increase insurance coverage for crops and livestock which are damaged by epidemics, pests and natural disasters according to a report from the Taipei Times. The yearly economic costs of such damage averages around NT$10bn ($321.8m) and the bill allows farmers to receive more compensation from insurers as well as government-certified farmers' associations.

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