There is no such thing as "net income" on Form 1040. Call the insurance company and see if they want your AGI (adjusted gross income, line 37) or taxable income (line 43). I would guess they're looking for your AGI, but that's just a guess.
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It sounds like what they meant to ask you was for your adjusted gross income. There is no "net income" line on a form 1040.
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I agree with the other attorney, unless you have a business. Then the concept of net income is your revenue from the business, less the expenses. This would be found on the bottom line of your schedule C or business tax return.
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