You must file Form 720 if:
• You were liable for, or responsible for collecting, any of the
federal excise taxes listed on Form 720, Parts I and II, for a
prior quarter and you haven’t filed a final return; or
• You are liable for, or responsible for collecting, any of the
federal excise taxes listed on Form 720, Parts I and II, for the
current quarter.
nothing you stated would indicate you are responsible for Collecting excise taxes. any excise taxes on your policy would be paid by the insurance company if they have liability under US tax laws.
