Foreign life insurance Dividend

Hi, Looking for clarification on how / whether we need to declare a "life dividend" received from a Foreign life insurance policy on self assessment. The "life dividend" has been generated from an overseas term life policy which has no cash value. The IRS view this as a refund of premiums for essentially not using the policy, and is not taxable in the US.

Hi As it is not a gain on the life insurance policy, there is no tax UK liability.

Thanks. I just wanted to confirm that this applied to a foreign policy?

Hi BritishAl23,
If this is the DDS that you are refering to, yes.
Thank you. 

No. The "life Dividend" from the term life insurance policy mentioned above is not all related to the US treasury bond that I've separately asked about (DDS). I have sought advise from a tax advisor on the life insurance dividend and they have confirmed it is not reportable as no gain on the policy. Does that match your expectations?

Hi
We do not have the necessary infomation to advise on this matter in this forum.  
You will need to decide whether you take the advice of your tax advisor.

Respectfully, why did you offer initial advice?

Hi
We can only offer general advice and links to guidance on this forum.
For more specific details you can contact us directly or seek personal financial advise.

I'm not an expert, but based on my understanding, if the "life dividend" isn't taxable in the US, you might not need to declare it on self-assessment. However, it's always a good idea to double-check with a tax professional just to be sure.