some life insurance is exapted or not

Yes, life insurance policies of any insurance companies, (should be eligible for 80C deduction);  deduction can be claimed over the premium paid to effect or to keep in force an insurance on the life of  individual, spouse and any child.

It was really good info. Your website has so much to read about finances and insurance plans. I too have been considering getting an insurance policy so thought of doing some research online. Have heard a lot about the lic jeevan anand returns so was just wondering if you could elaborate some important things about it.