This revision petition has been filed by the petitioner Bajaj Allianz Life Insurance Co. Ltd. against the order dated 06.12.2016 of the State Consumer Disputes Redressal Commission, Haryana, (in short ‘the State Commission’) passed in First Appeal No.1063 of 2015.

2. On 12.01.2008, on receipt of proposal and first premium of Rs.10,000/- the petitioner Insurance Company issues Life Insurance Policy of Rs.1,00,000/- sum assured, being policy No.0081503211, with 12.01.2008 as date of commencement for a term of 20 years, under which annual premiums were payable on 12th January every year till 12.01.2027 as opted by the respondent’s husband Shri Mastan Singh and the date of maturity was 12.01.2028. On 12.01.2009, second annual premium of Rs.10,000/- fell due to be paid within 30 days grace period. On 12.2.2009, grace period expired. On 13.2.2009, the policy in question lapses as the policy holder did not pay the premium due within grace period. On 21.08.2009, the premium due on 12.1.2009 was paid by policy holder and he gets the policy revived from 12.01.2009 to 12.01.2010 only for a period of one year. On 12.01.2010 next annual renewal premium falls due to be payable within 30 da