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Deduction under 80C

This query is : Resolved 
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(Querist)
06 April 2009 Dear Experts,

Please confirm can an employee claim deduction under section 80C for the insurance premium paid towards Insurance Policy of his/her dependent parents.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
06 April 2009 as per 80c...policy should be taken on his own life, life of spouse or any child...
if its medical insurance premium...than it can be claimed u/s 80D

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