Sources#

Source ids, titles, publishers, URLs, access dates, and retrieval markers are carried over verbatim from _research/whole-of-life.md (the citation ground truth for [S#]/[R#] tags). Ids are never renumbered. Sources from the research file that are not cited in product-spec.md or technical-notes.md are omitted (dropped here: R9 — CMI Limited website, fetched_ok: no; R10 — FCA MS24/1 Terms of Reference, not fetched; CMI-restriction and ToR facts are cited instead from the fetched cross-product entries REG-R22 and R2). No new sources were fetched at drafting; nothing is marked “added at drafting”.

Access date: 2026-08-03. (The research file’s access-date field, originally recorded as “undefined”, has been corrected to 2026-08-03; see the Provenance note.) [REG-R#] sources were accessed 2026-08-03 per _research/regulatory-actuarial.md.

Primary product sources [S#]#

S1. SunLife, “Guaranteed Over 50 Plan — Terms and Conditions including the Policy Summary” (PDF)#

  • Publisher: SunLife (distributor SunLife Limited); insurer Phoenix Life Limited trading as SunLife

  • Doc type: policy conditions + policy summary (combined booklet), doc code S-G050T12.25.V3 (Nov 2025 version)

  • URL: https://www.sunlife.co.uk/siteassets/documents/2025-11-guaranteed-over-50-plan-terms-and-conditions.pdf

  • Fetched: YES (full 8-page text extracted)

S2. SunLife, “Over 50s Life Insurance” product page#

  • Publisher: SunLife

  • Doc type: product page (marketing + parameters)

  • URL: https://www.sunlife.co.uk/over-50-life-insurance/

  • Fetched: YES

S3. SunLife, “Funeral Benefit Option” page#

  • Publisher: SunLife

  • Doc type: product page (option description)

  • URL: https://www.sunlife.co.uk/over-50-life-insurance/funeral-benefit-option/

  • Fetched: YES

S6. Legal & General, “Over 50s Life Insurance” product page#

  • Publisher: Legal & General

  • Doc type: product page

  • URL: https://www.legalandgeneral.com/insurance/over-50-life-insurance/

  • Fetched: YES

S7. Aviva, “Guaranteed Lifelong Protection — Plan Conditions” (PDF)#

  • Publisher: Aviva Life & Pensions UK Limited

  • Doc type: policy conditions, doc code LD01052 11/2016 (version currently posted under aviva.co.uk over-50s path)

  • URL: https://static.aviva.io/content/dam/aviva-public/gb/pdfs/personal/insurance/life/over-50s/insurance-life-over-50s-guaranteed-lifelong-protection-plan-conditions.pdf

  • Fetched: YES (via direct download; WebFetch returned 403; full 6-page text extracted)

  • Vintage caveat carried over: the fetched plan conditions and key features (S8) are dated 11/2016 — the versions Aviva currently publishes at the product URLs; a newer edition may exist behind the quote journey.

S8. Aviva, “Key Features of Guaranteed Lifelong Protection” (PDF)#

  • Publisher: Aviva Life & Pensions UK Limited

  • Doc type: key features document, doc code LD06001 11/2016

  • URL: https://static.aviva.io/content/dam/aviva-public/gb/pdfs/personal/insurance/life/over-50s/insurance-life-over-50s-guaranteed-lifelong-protection-key-features.pdf

  • Fetched: YES (via direct download; full 5-page text extracted)

S9. Royal London, “Terms & Conditions — Over 50 Life Insurance” (PDF)#

  • Publisher: The Royal London Mutual Insurance Society Limited

  • Doc type: policy conditions, doc code D2COFTC

  • URL: https://www.royallondon.com/siteassets/site-docs/insurance/life-insurance/over-50s-direct-terms-conditions.pdf

  • Fetched: YES (full 9-page text extracted)

S10. Zurich, “Zurich Whole of Life — Terms and conditions” (PDF)#

  • Publisher: Zurich Assurance Ltd

  • Doc type: policy conditions, doc code PW720491009 (08/25)

  • URL: https://www.zurichintermediary.co.uk/-/media/zurich-intermediary/documents/terms-and-conditions/720491.pdf

  • Fetched: YES (via direct download; full 20-page text extracted)

  • Role in this library: implementation anchor for the underwritten cell (RefWOL-UW) — benefit/terminal illness wording, suicide clause, escalation and milestone-benefit mechanics, waiver of premium, lapse terms.

S11. Zurich, “Zurich Whole of Life — Key features” (PDF)#

  • Publisher: Zurich Assurance Ltd

  • Doc type: key features document, doc code PW720505007 (02/25)

  • URL: https://www.zurichintermediary.co.uk/-/media/zurich-intermediary/documents/key-features/720505.pdf

  • Fetched: YES (via direct download; full 12-page text extracted)

S12. Zurich for advisers, “Whole of Life” product page#

  • Publisher: Zurich (zurichintermediary.co.uk)

  • Doc type: adviser product page with document links

  • URL: https://www.zurichintermediary.co.uk/whole-of-life

  • Fetched: YES

S13. Royal London for advisers, “Life Cover — Product details” page (Personal Menu Plan)#

  • Publisher: Royal London (adviser.royallondon.com)

  • Doc type: adviser product specification page

  • URL: https://adviser.royallondon.com/protection/personal-protection/life-or-critical-illness-cover/detail/ (life cover detail page: https://adviser.royallondon.com/protection/personal-protection/life-cover/detail/)

  • Fetched: YES (life cover detail page)

S14. Royal London, “Personal Menu Plan — Life Cover — Plan details” (PDF, December 2024)#

  • Publisher: The Royal London Mutual Insurance Society Limited

  • Doc type: policy conditions booklet (menu plan life cover, incl. whole of life), doc code PCP8P10004

  • URL: https://adviser.royallondon.com/globalassets/docs/protection/pcp8p10004-plan-details-for-the-personal-menu-plan-life-cover.pdf

  • Fetched: YES (44 pages downloaded; introductory sections and structure read; clause-level extraction not performed — WoL parameters cited from S13 instead; carried caveat)

S15. ReAssure, “Keeping your reviewable whole-of-life policy on track” (PDF factsheet)#

  • Publisher: ReAssure Ltd (closed-book consolidator; FRN 110495)

  • Doc type: customer factsheet on legacy unit-linked reviewable whole of life

  • URL: https://www.reassure.co.uk/uploads/2015/12/Keeping-your-whole-of-life-policy-on-track.pdf

  • Fetched: YES (full 4-page text extracted)

  • Role in this library: sole source for the legacy unit-linked reviewable variation (maximum vs standard/balanced cover, review cycle, unit-fund surrender value).

S16. Vitality, “Whole of life insurance” product page#

  • Publisher: Vitality (VitalityLife)

  • Doc type: product page

  • URL: https://www.vitality.co.uk/life-insurance/life-cover/whole-life/

  • Fetched: YES (via direct download; WebFetch returned 403)

  • Caveat carried over: detailed plan provisions (ages, optimiser/premium-step mechanics) not extracted; market-role facts only.

Regulatory and actuarial references [R#] (product research file numbering)#

R1. FCA, “MS24/1: Pure Protection Market Study” (study landing page)#

  • Publisher: Financial Conduct Authority

  • URL: https://www.fca.org.uk/publications/market-studies/ms24-1-1-market-distribution-pure-protection

  • Fetched: YES

R2. FCA, “MS24/1 Annex 2: Value of pure protection products” (PDF)#

  • Publisher: Financial Conduct Authority

  • URL: https://www.fca.org.uk/publication/market-studies/ms24-1-annex-2.pdf

  • Fetched: YES (full text extracted; Chapter 3 is “Guaranteed acceptance over 50s”)

  • Role in this library: primary regulatory source for the over-50s cell — tipping-point example (£30/month, £5,000, 13 years 11 months), premium age caps, per-£1,000 price comparison (£71.73 vs £8.10), lapse-supported economics, Consumer Duty fair value framing.

R3. PRA Rulebook, “Technical Provisions” Part (Solvency UK)#

  • Publisher: Prudential Regulation Authority (prarulebook.co.uk)

  • URL: https://www.prarulebook.co.uk/pra-rules/technical-provisions

  • Fetched: YES (via direct download; WebFetch returned 403; rule text extracted; site viewed “in the present on 03/08/2026”)

R4. PRA, “PS15/24 – Review of Solvency II: Restatement of assimilated law”#

  • Publisher: Bank of England / PRA

  • URL: https://www.bankofengland.co.uk/prudential-regulation/publication/2024/november/review-of-solvency-ii-restatement-of-assimilated-law-policy-statement

  • Fetched: YES (via direct download; WebFetch returned 403)

R5. Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (SI 2001/544), Schedule 1#

  • Publisher: legislation.gov.uk

  • URL: https://www.legislation.gov.uk/uksi/2001/544/schedule/1

  • Fetched: YES

R6. CMI / IFoA, “‘00’ series tables” page#

  • Publisher: Institute and Faculty of Actuaries (Continuous Mortality Investigation)

  • URL: https://www.actuaries.org.uk/learn-and-develop/continuous-mortality-investigation/cmi-mortality-and-morbidity-tables/00-series-tables

  • Fetched: YES

R7. IFoA blog, “CMI: New ‘16’ Series term assurance mortality and accelerated critical illness tables”#

  • Publisher: Institute and Faculty of Actuaries (blog.actuaries.org.uk)

  • URL: https://blog.actuaries.org.uk/cmi-new-16-series-term-assurance-mortality-and-accelerated-critical-illness-tables/

  • Fetched: YES

R8. FRC, “General Technical Actuarial Standards (TAS 100)” page#

  • Publisher: Financial Reporting Council

  • URL: https://www.frc.org.uk/library/standards-codes-policy/actuarial/tas-100/

  • Fetched: YES

Dropped (in the research file but not cited in these documents): R9 (CMI Limited website — fetched_ok: NO, connection reset; the CMI access-model facts are cited from REG-R22 and R7 instead); R10 (FCA MS24/1 Terms of Reference PDF — not fetched; the GO50 value-concern premise is cited from R2 instead).

Cross-product regulatory references [REG-R#]#

These are cited with the [REG-R#] prefix to avoid collision with the product research file’s own R-numbering. Full annotated entries (titles, publishers, URLs, retrieval markers, access date 2026-08-03) live in _research/regulatory-actuarial.md (the research provenance); the shared reference library is references/regulatory-and-actuarial-references.md (same R-numbering, R1–R38 frozen). Entries cited by the two documents in this directory:

Tag

Short title

Retrieval status (per that file)

REG-R1

PRA Rulebook — Technical Provisions Part (best-estimate definition, rule 3.1; same document as R3 above, different recorded facts)

fetched (browser)

REG-R3

PRA Rulebook — Transitional Measure on Technical Provisions Part (TMTP)

fetched (browser, as-at 31/12/2024 view)

REG-R4

Insurance and Reinsurance Undertakings (Prudential Requirements) (Risk Margin) Regulations 2023 (SI 2023/1346) — 4% CoC, lambda 0.9

fetched

REG-R11

FCA Handbook ICOBS — Insurance: Conduct of Business sourcebook (ICOBS 1.1)

fetched (browser)

REG-R12

FCA Handbook PRIN 2A — The Consumer Duty

fetched (browser)

REG-R15

ITTOIA 2005, Part 4 Chapter 9 — Gains from contracts for life insurance (chargeable events)

fetched

REG-R16

HMRC Insurance Policyholder Taxation Manual (IPTM)

fetched (landing/contents)

REG-R17

Finance Act 2012, Part 2 — long-term business taxation (BLAGAB / I-E; protection business excluded)

fetched

REG-R20

Consumer Insurance (Disclosure and Representations) Act 2012

fetched (contents)

REG-R22

CMI main page — role and Authorised-User access model

fetched

REG-R24

CMI “92” Series tables (AM92/AF92 family)

fetched

REG-R30

CMI Mortality Projections Model CMI_2025 (announcement, WP211)

fetched

REG-R32

ONS National life tables (UK series, 2021–2023)

fetched

REG-R34

FRC TAS 200: Insurance, v2.0

fetched (FRC page; PDF not read)

REG-R38

UK Endorsement Board — IFRS 17 Insurance Contracts (UK adoption)

fetched

Provenance note#

Extraction details live in _research/whole-of-life.md: that file records which facts came from which source, including the unverified flags (L&G/Dignity funeral option, ICOBS-vs-COBS classification at glossary level, market-share claims, qualifying-policy tax rules), the failed fetches (R9 — connection reset; R10 — not attempted), the Aviva document vintage caveat (11/2016 editions), the S14 clause-level-extraction caveat, and the note that no public insurer disclosure of a guaranteed-acceptance pricing mortality basis was found. The research file’s access date, originally recorded as “undefined”, has been corrected to 2026-08-03; its internal evidence (document codes up to 11/2025–06/26; R3 viewed “in the present on 03/08/2026”) is consistent with that date. The cross-product bibliography _research/regulatory-actuarial.md (accessed 2026-08-03) plays the same role for [REG-R#] tags. Standardizations marked std in product-spec.md and technical-notes.md are introduced at drafting and are not attributable to any source.

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