Section 198

Subsection 198(6) - Special rules relating to life insurance policies

Administrative Policy

20 November 1991 T.I. (Tax Window, No. 13, p. 7, ΒΆ1600)

A payment made under a policy at a time when it does not satisfy the conditions in ss.198(6)(c), (d) and (e) would not, generally, cause previous payments to cease to qualify on a retroactive basis.