The provisions of this chapter apply only to industrial life insurance policies. The following sections shall also apply to industrial life insurance:
(1) Section 23-81-114, excluded or restricted coverage;
(2) Section 23-81-115, limitation of liability;
(3) Section 23-81-120, prohibited policy plans;
(4) Section 23-81-129, incontestability after reinstatement; and
(5) The Standard Nonforfeiture Law for Life Insurance, § 23-81-201 et seq.