Lump-sum from overseas insurance policy

Hi, I had a life insurance policy in India which paid me a lump-sum amount recently. Do I need to report that in the UK? This policy in question had commenced before long before I came to the UK. If this has to be reported, please guide how can I do that online. Thanks!

Hi,

Yes, it needs to be reported. You can see guidance here:

Gains on foreign life insurance policies (Self Assessment helpsheet HS321)

Thank you.