Islamic Terrorists from Kerala call for surrendering of LIC policies

published on March 15, 2010

Many people, including agents and employees, are worried over the imposition of religious ban on LIC by some fundamentalist organizations. Some Muslim organizations with terror links are said to have come out against LIC, which is India’s largest public sector insurance company. There are indications that the moves against the public sector company, which has assets worth Rupees One lakh Core, are part of an international conspiracy aimed at stalling India’s economic growth.

There are also indications that the attempts to prop up parallel financial setups of Islamic banking on the one hand and pumping in crores of fake currency notes, flooding India with huge sums of money through hawala channels thereby weakening the economy on the other, are also part of the conspiracy. It is pointed out that the moves against LIC are also part of such plans.

According to a section of the agents the organizations with terror links propagate that it is anti-Islamic to invest in LIC through various policies. Members of these organizations are asking Muslims to surrender various LIC policies and stop working as LIC agents. Reports from various sources further reveal that these fundamentalist organizations have deployed special groups for conducting surveys to find Muslim policyholders and persuading them to surrender their policies.

It is suspected that owing to the interventions of such organizations, policyholders are surrendering their policies in large numbers in the state especially in the districts of Kasargode, Calicut, Malappuram, Ernakulam, Idukki, Kollam, and Thiruvananthapuram. Agents themselves have confirmed that during the last three months there have been incidents of hundreds of policies having been surrendered and money reimbursed. As the clandestine moves of people with terror links against LIC are with the backing of religious laws, crisis management measures are sought out by a large section of agents and employees of LIC, who love the public sector undertaking.

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