Sorry I don't have much knowledge about life insurance - live insurance can depend on the terms of the contract.
You could ask the payer.
Here is an article.
https://theinsuranceproblog.com/is-the-cash-surrender-value-of-life-insurance-taxable/
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
