Section 3103. Non-conforming contracts

(a) Except as otherwise specifically
  provided in this chapter, any policy of insurance or contract of annuity
  delivered  or  issued  for delivery in this state in violation of any of
  the provisions of this chapter shall  be  valid  and  binding  upon  the
  insurer  issuing  the  same, but in all respects in which its provisions
  are in violation of the requirements or prohibitions of this chapter  it
  shall  be  enforceable  as  if  it  conformed  with such requirements or
  prohibitions.
    (b) No policy of insurance or contract of annuity delivered or  issued
  for  delivery in this state shall provide that the rights or obligations
  of the insured or of any person  rightfully  claiming  thereunder,  with
  respect to:
    (1)  a  policy  of  life, accident and health insurance or contract of
  annuity upon a person resident in this state,
    (2) a policy of insurance upon property then in this state, or
    (3) the liabilities to be incurred by  the  insured  as  a  result  of
  activity then carried on by the insured in this state,
  shall be governed by the laws of any jurisdiction other than this state.
  This subsection shall not apply to policies of marine insurance.
    (c)  In  any  action  to recover under the provisions of any policy of
  insurance or contract of annuity delivered or  issued  for  delivery  in
  this  state  which  the  superintendent is authorized by this chapter to
  approve  if  in  his  opinion  its  provisions  are  more  favorable  to
  policyholders, the court shall enforce such policy or contract as if its
  provisions  were  the same as those specified in this chapter unless the
  court  finds  that  its  actual  provisions  were  more   favorable   to
  policyholders at the date when the policy or contract was issued.