(a) The motor vehicles liability policy shall state the name and address of the named insured, the coverage afforded by the policy, the premium charged therefor, the policy period, and the limits of liability, and shall contain an agreement or be endorsed that insurance is provided thereunder in accordance with the coverage defined in this chapter with respect to bodily injury and death or property damage, or both, and is subject to all provisions of this chapter.
(b) The motor vehicle liability policy shall not be required to insure any liability under any workmen's compensation law nor any liability on account of bodily injury to, or death of, an employee of the insured while engaged in the employment, other than domestic, of the insured, or while engaged in the operation, maintenance or repair of any such vehicle nor any liability for damage to property owned by, rented to, in charge of, or transported by the insured.
(c) The motor vehicle liability policy shall be subject to the following provisions which need not be contained therein:
(1) Policies may not be canceled or annulled with respect to an accident or occurrence which took place prior to the cancellation or annulment.
(2) The satisfaction by the insured of a judgment for such injury or damage shall not be a condition precedent to the right or duty of the insurance carrier to make payment on account of such injury or damage.
(3) The policy, the written application therefor, if any, and any rider or endorsement which does not conflict with the provisions of this Chapter shall constitute the entire contract between the parties.
(d) Any policy which grants the coverage required for a motor vehicle liability policy may also grant any lawful coverage in excess of, or in addition to, the coverage specified for a motor vehicle liability policy and such excess or additional coverage shall not be subject to the provisions of this chapter. With respect to a policy which grants such excess or additional coverage, the term “motor vehicle liability policy” shall apply to that part of the coverage which is required by this section.
(e) Any motor vehicle liability policy may provide for the prorating of the insurance thereunder with other valid and collectible insurance; and nothing in this section shall prevent an insured from collecting under any other valid insurance policy, regardless of whether such policy complies with the provisions of this chapter.
(f) Any binder issued pending the issuance of a motor vehicle liability policy shall be deemed to fulfill the requirements for such a policy.