A life insurance or health insurance policy or annuity contract may not be delivered or issued for delivery in the State if the policy or contract: states that the policy or contract is to be construed according to the laws of another state or country; states that the rights and obligations of the insured or of a person with a claim under the policy or contract are to be governed by laws other than the laws of this State; provides a period shorter than 3 years within which an action may be brought on the policy or contract; deprives the courts of the State of the jurisdiction of any action against the insurer; provides that the insurance producer who solicits the insurance or annuity is the agent of the insured; or makes the acts or representations of the insurance producer who solicits the insurance or annuity binding on the insured.