Applicability of §§ 31-4725 through 31-4730.

Except as provided in subsection (b) of this section, §§ 31-4725 through 31-4730 shall apply to all policies used in the District of Columbia. Sections 31-4725 through 31-4730 shall not apply to the following: A policy which is a security under federal legislative jurisdiction. Except as provided in subparagraph (B) of this paragraph, a group policy covering 1,000 or more lines when issued, other than a group credit life insurance policy or a group credit health insurance policy. No certificate issued pursuant to a group policy used in the District of Columbia may be exempt. A group annuity contract which finances pension, profit-sharing, or deferred compensation plans. A form used in connection with a contractual provision for a policy on a form permitted to be issued before the approval dates in § 31-4730 for similar forms. The renewal of a policy used before the approval dates in § 31-4730 for similar forms.