Pennsylvania Statutes Title 40 P.S. Insurance § 621.2. Powers

(a) In the case of stock companies, a capital of fifty thousand dollars ($50,000.00) and in addition thereto has accumulated a surplus in the sum of at least twelve thousand five hundred dollars ($12,500.00), or

(b) In the case of mutual companies, accumulated a surplus in the sum of at least fifty thousand dollars ($50,000.00).

Any such companies may issue policies of endowment insurance agreeing to pay not more than one thousand five hundred dollars ($1,500.00) upon maturity thereof, provided it has

(a) In the case of stock companies, a capital of one hundred thousand dollars ($100,000.00), and in addition thereto, has accumulated a surplus in the sum of at least twenty-five thousand dollars ($25,000.00), or

(b) In the case of mutual companies, accumulated a surplus in the sum of at least one hundred thousand dollars ($100,000.00).

Any such company may issue policies agreeing to pay in excess of the weekly limitations herein prescribed, but not exceeding one hundred five dollars ($105.00) per week and agreeing to pay an additional benefit for hospital and medical expenses for any one sickness or accident not exceeding three hundred dollars ($300.00) in the event of disablement from sickness or accident, provided such policies limit payment of benefits to periods during which insured shall have been admitted as a patient into and as such be necessarily wholly and continuously confined within a duly licensed and incorporated hospital, provided it has:

(a) In the case of stock companies, additional capital of twenty-five thousand dollars ($25,000.00), and has accumulated additional surplus in the sum of at least twenty-five thousand dollars ($25,000.00), or

(b) In the case of mutual companies, accumulated additional surplus in the sum of at least twenty-five thousand dollars ($25,000.00).

Such additional capital and additional surplus as required by clauses (a) and (b) of this paragraph shall be deemed to be capital and surplus additional to that required by any of the previous paragraphs of this section or by the act under which such company was incorporated or reincorporated.