Matured amount of Life Insurance Policy

1. LIC maturity if covered u/s 10(10D), then the entire amount is exempt. See provision sec 10(10D) for further conditions in relation to the policy. 
2. LIC maturity if not covered u/s 10(10D) will be taxable in the hands of the recipient under income from other sources and premium paid will be available as deductions. 
3. 01.09.2019 TDS @ 5% will be deducted on the net maturity proceeds. 
Please correct me if the above solution has an alternative view.