Deduction u/s 80c

See, I am paying from my account monthly, from my taxable income. So shouldnt i get the tax benefit?

I have proof to show that i am paying the ins prem.

The Act, no where comments on the availability of deduction in case of joint policy with non-relatives.

if it is in joint name with you also being named as the insured, you might be able to claim deduction to the extent of 50%.  however, as you have suggested that your friend is the only beneficiary, no deduction can be allowed. 

Dear Roma Sahu,

The policy must be in the assesse's or spouse's or any child's name. For a HUF, it may be on life of any member of HUF. 

Regards,