I have life insurance with saving/investment for myself in foreign country, it's a "deposit" or "custodial" account when fill the foreign financial account in form 8938?

[jrandomwinner]

In the Instructions for Form 8938 under a headline "Specified Foreign Financial Assets",  “any cash value life insurance… …maintained by [a] foreign financial institution” is defined as a "financial account" that must be reported, if you are an individual with total foreign assets large enough that you are required to report.