You can't do a rollover from a life insurance policy to an IRA.
If you receive a death benefit from someone else, that is not taxable. If you cash (surrender) a life insurance policy for its cash value, that might or might not be taxable, depending on the value and the premiums you previously paid.
Then, you can contribute up to $6000 (or $7000 if you are age 50 or older) to an IRA. This is a contribution, not a transfer or rollover, and is subject to all the usual rules for IRA contributions, including income limits on deductible contributions and the maximum contribution amount per year. If you made deductible contributions you can take a tax deduction for them.
If you took a life insurance check for more than $6000 or $7000, and sent it to the IRA and told them it was a rollover, that is a prohibited transaction and you need to call them right away and reverse what you did.
