03 February 2012
It would be depending on the type and benefits of the policy if the policy made on the life of the person/human being then it get the benefit U/S80C all the life insurance policies which are made on the human beings life are eligible to get deduction U/S 80C however if on the premium receipt or on the policy bond it noticed the benefit as per section 80C eligible then undoubtedly you can claim benefit U/S80C OM SAI SRI SAI JAI JAI SAI