Section 80CCC- Premium paid on pension policies :deduction upto Rs.1,50,000 deduction is within Rs.1,50,000 limit of Section 80C and 80CCD(1)
Section 80D- Premium paid on health insurance policies :deduction upto Rs. 35,000/- Rs.15,000 deduction is allowed for self , spouse and dependent children: Additional Rs 15,000 for parents or Rs.20,000 for parents above 60 years of age.
Maturity proceeds from Life Insurance policies are exempt u/s 10(10D) subject to specified conditions
You may plan your taxes and buy the best policy that will bring you the maximum benefits. This portal would make it easier and quicker for you by providing the right options to choose from!