You are required to file even if you have no income from the business, or your income is exempt from tax under a treaty with your country. (irs.com)
For those who were under the impression that maturity proceeds of all life insurance policies are exempt from tax, this might come as a shock. (personalfinanceplan.in)
Moreover, the maturity amount is exempt from tax deduction at source as long as the sum assured is more than five times the premium paid for the policies. (policybazaar.com)