Deduction u/s 80-C: ULIP Plan

Dear All,

Some emploees submitted the ULIP plan of LIC like : as Wealth Plan , Fixed Deposit Plan. My query is that whether the

20% of sum asured condition on premium paid is also applicable of ULIP Plan of LIC or Not? i.e. Full premium paid on

ULIP plan is eligible for deduction US 80-C or it is 20% of Sum assured>

Please urgent reply.

Thanks

Parmod