https://www.taxtmi.com/manuals?id=4942 The definition of Insurance includes life policies that secure payment of a specified sum on a stipulated maturity date if the insured is alive then, including policies that only return premiums (with or without interest) if death occurs before maturity. It also includes policies effected for a minor so the minor may adopt the policy on attaining majority and secure life insurance, where payment is contingent on the minor being alive on a specified post-adoption date. en-us Tue, 10 Sep 2024 12:52:00 +0530 Wed, 23 Oct 2024 13:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4942 The definition of Insurance includes life policies that secure payment of a specified sum on a stipulated maturity date if the insured is alive then, including policies that only return premiums (with or without interest) if death occurs before maturity. It also includes policies effected for a minor so the minor may adopt the policy on attaining majority and secure life insurance, where payment is contingent on the minor being alive on a specified post-adoption date. Manuals Income Tax Tue, 10 Sep 2024 12:52:00 +0530 https://www.taxtmi.com/manuals?id=4942