You have to declare all of the income you receive worldwide and enter it onto your US tax return. However, article 20 says that a pension taxable in India is not taxable to the US. So you may just want to leave it off of the tax return entirely.
If you decide to include it you would enter it as other miscellaneous income with the description attached and then enter the taxes paid to India as a foreign tax credit in the deductions and credits section.
The life insurance policies that you are paying on aren't reported on your US tax return unless they are paying out as an annuity. You may have to report them as a foreign account on an FBAR if the value of your interest in them exceeds 10 thousand dollars.
Here are the FBAR rules.
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