Disclaimer: The Sum mentioned below the guaranteed column of the table may differ from actual sum assured at the year end, as dependent on the policy performance in the future. (policybazaar.com)
That means for a 6 / 7 years old, first two years or first year the sum assured value is ONLY equal to the single premium paid which is against the clause of 10 (10D) exemption: actual sum assured simply means the sum assured which is least in «ALL» the policy years (personalfinanceplan.in)