Any limited life insurance company, in addition to powers heretofore granted to it, is hereby specifically empowered to issue policies agreeing to pay a total of not more than five thousand dollars ($5,000) in event of death from natural causes nor more than ten thousand dollars ($10,000) in event of death from accidental causes, and may issue policies of endowment insurance agreeing to pay not more than five thousand dollars ($5,000) upon maturity thereof: Provided, That the total amount of insurance issued by the company on any one life shall not exceed the limits stated in this section: And provided, such company meets the capital and surplus requirements stated below.
40 P.S. § 621.3