Any policy or contract otherwise subject to RSA 407:2, which includes coverage against the peril of fire and substantial coverage against other perils, need not comply with the provisions of RSA 407:2, provided: I. Such policy or contract shall afford coverage, with respect to the peril of fire, not less than the coverage afforded by such New Hampshire Standard Fire Policy; II. That such coverage as to the peril of fire shall be made subject without change to the same general provisions and stipulations as those of such Standard Fire Policy; III. The provisions in relation to mortgagee interests and obligations in such Standard Fire Policy shall be incorporated therein without change; IV. Such policy or contract is complete as to all of its terms without reference to the standard form of fire insurance policy or any other policy; V. The insurance commissioner is satisfied that such policy or contract complies with the provisions hereof.