LIC Market Plus Claiming of Sec 80C?

Question

The premium or other payment paid on any insurance policy other than a contract for a deferred annuity shall be eligible for deduction to the maximum extent of 20% of the actual capital sum assured

under which kind of insurance policy covered by the maximum deduction of 20%?

Answer 1

wheather LIC market plus comes u/s 80C and how much deduction can be claimed

Answer 2

one retired person has invested Rs.5 Lac in LIC Market Plus Policy there in no
insurance whether it is exempted u/s 80c up to Rs.100000/- or not