Is deduction form gti available for insurance premium paid?

Sakshi Mittal (no) (44 Points)

03 December 2016  


If I pay life insurance premium of policy in the name of my brother, then will deduction under Chapter VI A available to me? The policy was taken by him and first 2 yearly permiums were paid by him and thereafter claimed as deduction under chapter VI A. But now he is unable to pay the premium so if I pay the premium amount instead of him then can I take the benefit of such payment?