It is normally advisable to pay regular premium, rather than single premium.
If u have Rs.97,600, invest today in, say, Fixed Deposit @ 8%, u would earn approx 7800, off which u can pay premium of 6725 from next year and balance Rs.1000 is savings.
If you have money you can take a single premium policy but it is not advisible. Give me an appointmnet I can suggest you the best investment plan with high returns. Contact me [email protected]