As stated the 2.8 is a V6 so it definitely won't be a 2.8 if it has a redblock cover on it.
It will definitely push your insurance up having a non standard engine in it.
I had to write a letter to the DVLA on behalf of the owner of a 940 I converted from a 2.0 N/A to a 2.3 turbo stating the engine change from 1986cc to 2316cc and the reason why. I just said that the original engine was broken and so as part of the restoration a 2.3 turbo was sourced and fitted. New log book was sent out after a couple of months and they didn't inspect it or even reply to my letter, it was a very straight forward process.
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