You would enter your 1099-INT from your insurance company the same way you would enter a Form 1099-INT from your bank. It is taxable income.
Click here for "Where to enter your form 1099-INT in TurboTax". It details the steps for entering your Form 1099-INT in TurboTax Desktop and TurboTax online.
Click here for Turbo Tax information regarding Forms 1099-INT.
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