Sources#

Source ids, titles, publishers, URLs, access dates, and retrieval markers are carried over verbatim from _research/variable-ul.md (sections “Primary sources” and “Regulatory and actuarial references”); ids are never renumbered. Access date for all citations: 2026-08-03, except the AP&P Manual appendix entries REG-R153, REG-R154 and REG-R155, all accessed 2026-08-06. Only sources actually cited in product-spec.md or technical-notes.md are listed (unused S5/S6 dropped). No new sources were fetched at drafting — nothing is marked “added at drafting”; the three appendix entries were read after drafting, in the 2026-08-06 primary-source pass over the AP&P Manual, and are listed in their own subsection below.

Primary product sources [S#]#

S1. Pruco Life Insurance Company (Prudential) — “VUL Protector (2015)” statutory prospectus (Form N-6 / 485BPOS)#

  • Publisher: Pruco Life Insurance Company (Arizona stock company, subsidiary of The Prudential Insurance Company of America); registrant is the Pruco Life Variable Universal Account (separate account, CIK 0000851693, 1940 Act file 811-05826).

  • Doc type: statutory prospectus (SEC Form N-6, post-effective amendment 485BPOS filed 2025-04-15, accession 0000851693-25-000091, prospectus dated May 1, 2025).

  • URL fetched: https://www.sec.gov/Archives/edgar/data/851693/000085169325000091/plvulpregtofile.htm

  • Retrieved: YES (full ~3.0 MB HTML downloaded and text-extracted).

  • Used for: fee-table anchors (premium loads, surrender charge, COI, M&E, admin), Type A/B death benefits, fixed option 1% floor, loan mechanics, grace/default, age-121 provisions, riders, credits, transfer limits.

S2. Equitable Financial Life Insurance Company — “VUL Optimizer (Series 166)” statutory prospectus (Form N-6 / 485BPOS)#

  • Publisher: Equitable Financial Life Insurance Company; registrant Separate Account FP (CIK 0000771726).

  • Doc type: statutory prospectus (485BPOS filed 2025-04-24, accession 0001193125-25-093072, prospectus dated May 1, 2025).

  • URL fetched: https://www.sec.gov/Archives/edgar/data/771726/000119312525093072/d925311d485bpos.htm

  • Retrieved: YES (full ~2.5 MB HTML downloaded and text-extracted).

  • Used for: 6%/4% premium charge, 2017 CSO COI maxima, $10 monthly fee, per-$1,000 charge, 10-year surrender charge, GPT corridor factors and CVAT description, NAAR definition, GIO floor, loan mechanics, reinstatement, riders.

S3. The Lincoln National Life Insurance Company — “Lincoln LifeGoals” VUL statutory prospectus (Form N-6 / 485BPOS)#

  • Publisher: The Lincoln National Life Insurance Company; registrant Lincoln Life Flexible Premium Variable Life Account M (CIK 0001048607, 1940 Act 811-08557, 1933 Act 333-259297).

  • Doc type: statutory prospectus (485BPOS filed 2025-04-10, accession 0001104659-25-033688, prospectus dated May 1, 2025).

  • URL fetched: https://www.sec.gov/Archives/edgar/data/1048607/000110465925033688/tm253642d1_485bpos.htm

  • Retrieved: YES (full ~1.7 MB HTML downloaded and text-extracted).

  • Used for: the low-load/no-load variation, COI min/max, 0.6% M&E cap, loan-account collateral mechanics, DB-during-grace debt offset, Option 2→1 design.

S4. Pacific Life Insurance Company — “Pacific Select VUL 2” statutory prospectus (Form N-6 / 485BPOS)#

  • Publisher: Pacific Life Insurance Company; registrant Pacific Select Exec Separate Account (CIK 0000832908, 1940 Act 811-05563, 1933 Act 333-231309).

  • Doc type: statutory prospectus (485BPOS filed 2025-04-18, accession 0001104659-25-036303, prospectus dated May 1, 2025).

  • URL fetched: https://www.sec.gov/Archives/edgar/data/832908/000110465925036303/tm255241d1_485bpos.htm

  • Retrieved: YES (full ~3.4 MB HTML downloaded and text-extracted).

  • Used for: 6.50% max load, 2017 CSO COI maxima with the male-45 current/guaranteed anchor ($0.04/$0.22), $10 admin + coverage charges, 15-year surrender charge, Option C variation, 2% fixed floor, indexed fixed options, FDNLG shadow-fund rider (5.5%/10% notional loads), overloan protection, age-121 rule.

Product-file regulatory and actuarial references [R#]#

(numbering of _research/variable-ul.md)

R1. SEC — Form N-6 (registration form for variable life insurance separate accounts)#

  • Publisher: U.S. Securities and Exchange Commission.

  • URL fetched: https://www.sec.gov/files/formn-6.pdf (47-page reference copy, SEC 2567, 1/22 version)

  • Retrieved: YES (PDF downloaded, full text extracted).

R2. SEC — Release 33-10765: “Updated Disclosure Requirements and Summary Prospectus for Variable Annuity and Variable Life Insurance Contracts” (rule 498A)#

  • Publisher: U.S. Securities and Exchange Commission.

  • URL fetched: https://www.sec.gov/newsroom/press-releases/2020-57 (press release; fetched via curl). Final rule text at https://www.sec.gov/files/rules/final/2020/33-10765.pdf and Federal Register 2020-05526 (both blocked to the fetch tool; not retrieved).

  • Retrieved: YES (press release page).

R3. IRC §7702 — Definition of life insurance contract#

  • Publisher: Legal Information Institute (Cornell), U.S. Code.

  • URL fetched: https://www.law.cornell.edu/uscode/text/26/7702

  • Retrieved: YES.

R4. IRC §7702A — Modified endowment contract (MEC)#

  • Publisher: Legal Information Institute (Cornell), U.S. Code.

  • URL fetched: https://www.law.cornell.edu/uscode/text/26/7702A

  • Retrieved: YES.

R5. IRC §817(h) — Diversification requirements for variable contracts#

  • Publisher: Legal Information Institute (Cornell), U.S. Code.

  • URL fetched: https://www.law.cornell.edu/uscode/text/26/817

  • Retrieved: YES.

R6. Treas. Reg. §1.817-5 — Diversification requirements#

  • Publisher: Legal Information Institute (Cornell), 26 CFR.

  • URL fetched: https://www.law.cornell.edu/cfr/text/26/1.817-5

  • Retrieved: YES.

R7. NAIC — Valuation Manual, Jan. 1, 2025 edition (incl. VM-01, VM-20, VM-A/VM-C appendices)#

  • Publisher: National Association of Insurance Commissioners.

  • URL fetched: https://content.naic.org/sites/default/files/pbr-data-valuation-manual-2025-edition.pdf (356-page PDF downloaded, text extracted).

  • Retrieved: YES.

R8. NAIC — Variable Life Insurance Model Regulation (Model #270)#

  • Publisher: National Association of Insurance Commissioners (January 1996 printing with comments).

  • URL fetched: https://content.naic.org/sites/default/files/model-law-270.pdf (66-page PDF downloaded, text extracted).

  • Retrieved: YES.

R9. ASB — ASOP No. 52, “Principle-Based Reserves for Life Products under the NAIC Valuation Manual”#

  • Publisher: Actuarial Standards Board.

  • URL fetched: http://actuarialstandardsboard.org/wp-content/uploads/2017/10/asop052_189.pdf (39-page PDF downloaded, text extracted).

  • Retrieved: YES.

R10. American Academy of Actuaries — practice note “Life Principle-Based Reserves (PBR) Under VM-20” (April 2020)#

  • Publisher: American Academy of Actuaries, Life Valuation Committee work group.

  • URL fetched: https://actuary.org/wp-content/uploads/2020/04/VM-20_PN_2020_Version_0.pdf (115-page PDF downloaded; title/front matter verified, body used as Q&A reference).

  • Retrieved: YES.

R11. ASB — ASOP No. 2, “Nonguaranteed Elements for Life Insurance and Annuity Products”#

  • Publisher: Actuarial Standards Board.

  • URL fetched: https://www.actuarialstandardsboard.org/asops/asop-no-2-nonguaranteed-elements-for-life-insurance-and-annuity-products/

  • Retrieved: YES (standard’s landing page/summary).

R12. Society of Actuaries — 2017 Commissioners Standard Ordinary (CSO) Tables#

  • Publisher: Society of Actuaries.

  • URL fetched: https://www.soa.org/resources/experience-studies/2015/2017-cso-tables/

  • Retrieved: YES.

R13. FINRA — “Insurance” investor product page (variable life / VUL)#

  • Publisher: FINRA.

  • URL fetched: https://www.finra.org/investors/investing/investment-products/insurance

  • Retrieved: YES.

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

These use the R# numbering of the cross-product bibliography _research/regulatory-actuarial.md (accessed 2026-08-03), cited here as [REG-R#] to avoid collision with the product-file R# ids above. Full annotations live in that file; the shared reference library is references/regulatory-and-actuarial-references.md (same R-numbering, which now runs R1–R157, with most of the R73–R149 block unused; R1–R34 originate in _research/regulatory-actuarial.md, and R35–R72 — annuity-specific entries added later and not cited here — in _research/regulatory-actuarial-annuities.md). R151–R157 are the seven AP&P Manual appendix items read at first hand on 2026-08-06 — R151 AG 33, R152 AG 35, R153 A-820 with A-821 and A-822, R154 A-830, R155 A-585, R156 A-250, R157 A-255 — with provenance in _research/appp-ag33.md, _research/appp-ag35.md, _research/appp-a820-a821-a822.md, _research/appp-a830.md and _research/appp-a585-a250-a255-a270.md; this directory cites R153, R154 and R155. Ids are never renumbered. Entries cited in the two documents:

  • REG-R1. Standard Valuation Law (Model #820) — NAIC. https://content.naic.org/sites/default/files/model-law-820.pdf — Fetched: yes.

  • REG-R3. Valuation Manual, Jan. 1, 2026 Edition (VM-01, VM-02, VM-20, VM-31, VM-M, VM-G, VM-C, VM-V, …) — NAIC. https://content.naic.org/sites/default/files/pbr_data_valuation_manual_current_edition.pdf — Fetched: yes.

  • REG-R4. Life Insurance Illustrations Model Regulation (Model #582) — NAIC. https://content.naic.org/sites/default/files/model-law-582.pdf — Fetched: yes.

  • REG-R5. Universal Life Insurance Model Regulation (Model #585) — NAIC. https://content.naic.org/sites/default/files/model-law-585.pdf — Fetched: yes.

  • REG-R16. 26 U.S.C. § 807 — Rules for certain reserves (tax reserves) — Legal Information Institute, Cornell Law School. https://www.law.cornell.edu/uscode/text/26/807 — Fetched: yes.

  • REG-R18. 2015 Valuation Basic Table (VBT) — Report and Tables — Society of Actuaries. https://www.soa.org/resources/experience-studies/2015/2015-valuation-basic-tables/ — Fetched: yes (landing page).

  • REG-R19. 2019 Individual Life Insurance Mortality Experience Report (ILEC, observation years 2012–2019) — SOA Research Institute, ILEC. https://www.soa.org/resources/research-reports/2024/ilec-mort-2012-19 — Fetched: yes (landing page).

  • REG-R20. U.S. Individual Life Insurance Persistency Update (LIMRA/SOA, observation years 2009–2013) — LIMRA and Society of Actuaries. https://www.soa.org/resources/research-reports/2019/2009-13-us-ind-life-persistency-update/ — Fetched: yes (landing page).

  • REG-R21. 2015–2021 Universal Life Premium Persistency and Lapse/Surrender Experience Study — LIMRA and SOA Research Institute. https://www.soa.org/resources/experience-studies/2024/15-21-ulpp-ulls/ — Fetched: yes (landing page).

  • REG-R27. ASOP No. 7 — Life or Health Cash Flow Analysis (revision adopted December 2025; effective June 1, 2026) — Actuarial Standards Board. https://www.actuarialstandardsboard.org/asops/life-or-health-cash-flow-analysis/ — Fetched: yes.

  • REG-R32. ASOP No. 56 — Modeling — Actuarial Standards Board. https://www.actuarialstandardsboard.org/asops/modeling-3/ — Fetched: yes.

  • REG-R34. FASB ASU No. 2018-12 — Financial Services—Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI) — FASB. https://www.fasb.org (fasb.org blocked automated fetch; no working deep link cited) — Fetched: NO (title, scope, and effective dates corroborated across secondary sources); cited only with an explicit not-fetched flag.

AP&P Manual Appendix A entries read at first hand (2026-08-06)#

Added after drafting, when the NAIC Accounting Practices and Procedures Manual proved to be a free download rather than the paid publication the library had recorded. Id, title, publisher, URL, access date, fetched marker and carried-forward limits are reproduced from references/regulatory-and-actuarial-references.md; nothing is renumbered and no unverified flag or retrieval limit is upgraded. All three are the same physical document as the AP&P Manual entry (R73) held in references/regulatory-and-actuarial-references.md.

  • REG-R153. Appendix A-820 — Minimum Life and Annuity Reserve Standards (with Appendix A-821, Annuity Mortality Table for Use in Determining Reserve Liabilities for Annuities, and Appendix A-822, Asset Adequacy Analysis Requirements) — NAIC. https://content.naic.org/sites/default/files/publication-app-manual.pdf — Volume I, Appendix A — Excerpts of NAIC Model Laws; A-820 printed A820-1 to A820-13 = PDF pages 1186–1198, A-821 printed A821-1 to A821-6 = PDF pages 1199–1204, A-822 printed A822-1 = PDF page 1205; same physical document as R73 — Accessed: 2026-08-06 · Fetched: yes (local text extraction; A-820 ¶¶1–28 read in full, A-821 read in full including the 2012 IAM Period Table and Projection Scale G2 printed at its Appendices I–IV, and A-822’s four paragraphs read in full). Limits carried forward from _research/appp-a820-a821-a822.md: “As of March 2026” is not printed on PDF pp. 1186–1205 — cite the copyright footer for what those pages print. A-821 prints only the 2012 IAM Period Table and Projection Scale G2; the 1994 GAR table and its AA_x factors, the Annuity 2000 table and 1983 Table “a” are named and not printed, so A-821 ¶16 is not computable from library sources, and no standard is printed for individual annuities issued before 1 January 2001. A-820 names its life mortality tables without printing them and the 2017 CSO is nowhere in its text. Three text-layer repairs are recorded in the research file rather than hidden: the lost fraction bar at ¶7.a.i(a) (the term is (W/2)·(R2 − .09)), the lost R1/R2 subscripts, and the ¶8.c weighting-factor tables, which were reassembled by column position from a scrambled layer. Two internal oddities are recorded as printed and not reconciled: ¶22’s empty window and ¶7’s “effective date of the Codification”, a threshold whose date A-820 never prints. Naming trap: AP&P Appendix A-822 is not NAIC Model #822 — A-820’s own header does not list Model #820 while A-822’s does. Supersedes in fact: the A-820 half of REG-R110’s limit, which is frozen and preserved unaltered in references/regulatory-and-actuarial-references.md.

  • REG-R154. Appendix A-830 — Valuation of Life Insurance Policies (Including the Introduction and Use of New Select Mortality Factors) — NAIC. https://content.naic.org/sites/default/files/publication-app-manual.pdf — Volume I, Appendix A — Excerpts of NAIC Model Laws; printed pages A830-1 to A830-27 = PDF pages 1206–1232 — operative text A830-1 to A830-14 (PDF 1206–1219), the Attachment heading and explanatory note at A830-15 (PDF 1220), and the six select-mortality-factor tables at A830-16 to A830-27 (PDF 1221–1232); same physical document as R73 — Accessed: 2026-08-06 · Fetched: yes (local text extraction; ¶¶1–32 and the Attachment read in full; the six factor tables transcribed programmatically, each parsing to 71 issue-age rows × 20 duration columns). Limits carried forward from _research/appp-a830.md: the appendix is a flat sequence of paragraphs ¶¶1–32 plus an unnumbered Attachment and has no Sections at all, so a “Model 830 Section 7” citation does not resolve against this print — the ULSG material is at ¶¶29–32 — and the words “Model #830” and “Regulation XXX” appear nowhere in it. It prints no calendar effective date for itself: “the effective date of this appendix” is an unresolved placeholder used eleven times, and the only calendar dates printed anywhere are the 1 January 2004 cutover to the 2001 CSO. There is no worked numerical example in it, no AG 38 content, no prescribed X value, and no annuity content. Its ¶17 X-factor cross-reference is garbled in the print and is flagged rather than resolved, as is ¶32.b’s unnamed “other appendices governing universal life plans”. The transcribed factor tables were not checked against an independent copy and are not reproduced in this directory. Cited here only for its ¶3.a.iii/¶3.a.iv exclusion of variable life and variable universal life, which puts the whole appendix out of scope for this product.

  • REG-R155. Appendix A-585 — Universal Life Insurance — NAIC. https://content.naic.org/sites/default/files/publication-app-manual.pdf — Volume I, Appendix A — Excerpts of NAIC Model Laws; printed pages A585-1 to A585-4 = PDF pages 1102–1105; same physical document as R73 — Accessed: 2026-08-06 · Fetched: yes (local text extraction; ¶¶1–13 and all three footnotes read in full). Limits carried forward from _research/appp-a585-a250-a255-a270.md: the item’s own “Relevant NAIC Model Laws/Regulations” line names only the Standard Valuation Law (#820) — it does not name Model #585 anywhere, so “A-585 is Model #585 §5” is unsupported by this print, and Model #585 (REG-R5) was not re-read against it. A-585 carries the valuation half only: no nonforfeiture provisions, no mandatory policy provisions, no annual-report requirements and no separate interest-indexed UL section. It prints no effective date and no number of any kind — every rate, table and factor is delegated to A-820 (¶¶8.j, 10) — and its ¶8.f pointer to “paragraph 9 of Appendix A-820” does not resolve against the A-820 print read at REG-R153, where ¶9 is the reference-interest-rate paragraph. The fraction bars in ¶¶8.a.ii, 8.f and 13 are lost in the text layer, so those denominators are inferred from layout, not read from a bar character. Product-specific limit: the extraction records no effective date, operative date, applicability threshold, size test, transition provision or grandfathering language anywhere in A-585 — its only boundary marker is ¶7’s definition of a universal life insurance policy, which turns on separately identified interest credits and mortality and expense charges and says nothing about a separate account — so A-585 neither includes nor excludes a variable contract; the variable-UL carve-out this product relies on is Model #585’s own REG-R5.

  • A-270 — Variable Life Insurance, read but deliberately unnumbered. The AP&P print of Model #270 (PDF pp. 1097–1099, printed A270-1 to A270-3) was extracted in the same 2026-08-06 pass as A-585 and is transcribed in _research/appp-a585-a250-a255-a270.md, but no reference id was assigned to it. It is therefore not citable, no [REG-R#] tag exists for it, and no statement in product-spec.md or technical-notes.md rests on its text — the variable-life guaranteed-minimum-death-benefit reserve construction it carries stays outside this library. Recorded here so the absence is visibly deliberate rather than an oversight.

Provenance note#

Extraction details live in _research/variable-ul.md: that file records which facts came from which source, the retrieval status of every document, and the gaps and caveats (non-public COI scales and surrender-charge schedules, current declared rates, unretrieved AG texts — AG XXXVII and AG XXIII are still among them — and the unverified items) that the drafted documents inherit. The cross-product regulatory annotations live in _research/regulatory-actuarial.md; the verbatim AP&P Manual appendix extractions behind REG-R153, REG-R154, REG-R155 and the unnumbered A-270 live in _research/appp-a820-a821-a822.md, _research/appp-a830.md and _research/appp-a585-a250-a255-a270.md.

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