Under what type of account on a balance sheet should cash surrender value be recorded?

Please advise, where should I record cash surrender value of life insurance on a balance sheet: under current or intangible assets?


Thank you everyone.

Under what type of account on a balance sheet should cash surrender value be recorded?
it is a current asset!!
Reply:Cash surrender value can be almost immediate and can be redeemed with 1 year or less which means it is a current asset.