Tax Liability on Survival Benefits from LIC

I wanted to know, Does the money received as Survival Benefit from any LIC Policy is Taxable?

If it is taxable then under which head?

With Survival Benefits I mean the % of the Sum Assured under Basic Plan which we receive after every 4th year. For more information please see https://www.licinsurance.com/new-bima-gold.htm

Tax payer is a regular salaried employee.