80C deduction

the provisions of the section clearly mention the word "payment"

and so only the father and not the son can claim deduction under Sec 80C.

as per section 80c deducion will be available who makes the payment

but practically if lic is paid in cash then deduction can be claimed by son also and if son is earning  income & payment is made by father by bank then son can reimburese d same to his father & claim deduction

deduction can be claimed by father