Sources#

Source ids, titles, publishers, URLs, and fetched/not-fetched markers are carried over verbatim from _research/whole-life.md (research/access date for all citations: 2026-08-03). Ids are never renumbered. Sources from the research file that are not cited in product-spec.md or technical-notes.md (R10, R11) are dropped from this list; they remain in the research file. No new sources were fetched at drafting.

Primary product sources ([S#])#

S1 — Guardian: Core Whole Life and Limited Pay Whole Life (2019 Series) Product Guide#

  • Publisher: The Guardian Life Insurance Company of America (doc 2019-85695; “For Internal and Producer Use Only”)

  • Doc type: producer guide (PDF, 23 pp.)

  • URL: https://centurionagencyltd.com/guardian_whole_life_product_agent_guide_12-2019.pdf (agency file share hosting a genuine Guardian document)

  • Accessed: 2026-08-03. Retrieved: YES (PDF downloaded, full text extracted)

S2 — Guardian: Dividend Manual, Whole Life (2017 edition)#

  • Publisher: The Guardian Life Insurance Company of America (doc 2019-81397; producer use only)

  • Doc type: producer dividend manual (PDF, 5 pp.)

  • URL: https://www.centurionagencyltd.com/guardian_life_dividend_options_12-2019.pdf

  • Accessed: 2026-08-03. Retrieved: YES (PDF downloaded, full text extracted)

S3 — MassMutual: Whole Life Series Product Reference Guide#

  • Publisher: Massachusetts Mutual Life Insurance Company (LI10804e-mmsd 522; “For financial professionals”)

  • Doc type: producer product reference guide (PDF, 8 sections)

  • URL: https://www.aimcorfileshare.com/download.php?idFile=4417 (distributor file share hosting a genuine MassMutual document)

  • Accessed: 2026-08-03. Retrieved: YES (PDF downloaded, full text extracted)

S4 — Northwestern Mutual: “Dividend paying whole life insurance” (product/dividend page)#

  • Publisher: The Northwestern Mutual Life Insurance Company

  • Doc type: consumer product page (HTML)

  • URL: https://www.northwesternmutual.com/life-insurance/whole-life-insurance/dividend-paying-whole-life-insurance/

  • Accessed: 2026-08-03. Retrieved: YES (WebFetch)

S5 — Northwestern Mutual: 2026 dividend announcement (press release, Oct 28, 2025)#

  • Publisher: Northwestern Mutual (newsroom)

  • Doc type: press release (HTML)

  • URL: https://news.northwesternmutual.com/2025-10-28-Northwestern-Mutual-Announces-Historic-9-2-Billion-Dividend-Payout-in-2026-A-Powerful-Demonstration-of-Companys-Enduring-Commitment-to-Policyowners

  • Accessed: 2026-08-03. Retrieved: YES (WebFetch)

S6 — Mutual of Omaha (United of Omaha): Living Promise Whole Life — consumer brochure (128136_0323)#

  • Publisher: United of Omaha Life Insurance Company (Mutual of Omaha company)

  • Doc type: consumer brochure (PDF, 2023)

  • URL: https://choicemutual.com/wp-content/uploads/2023/08/2023MutualofOmahabrochure.pdf (agency hosting of genuine brochure)

  • Accessed: 2026-08-03. Retrieved: YES (PDF downloaded, full text extracted)

S7 — United of Omaha: Living Promise Product and Underwriting Guide (California)#

  • Publisher: United of Omaha Life Insurance Company (form 142658, producer use only)

  • Doc type: producer product & underwriting guide with rate tables (PDF)

  • URL: https://www.datocms-assets.com/13639/1563367329-moo-livingpromise-uw-guide.pdf

  • Accessed: 2026-08-03. Retrieved: YES (PDF downloaded, full text extracted)

S8 — Mutual of Omaha: Living Promise plan highlights sheet (615060)#

  • Publisher: United of Omaha Life Insurance Company

  • Doc type: consumer highlight sheet (PDF)

  • URL: https://producer.mutualofomaha.com/enterprise/wcm/connect/producer.mutualofomaha.com-9968/efbe83e0-01d4-4275-b956-7d393e577666/45107_living-promise-client-highlight-sheet.pdf?MOD=AJPERES&CVID=nz81aeV

  • Accessed: 2026-08-03. Retrieved: YES (PDF downloaded, full text extracted)

S9 — New York Life: Secure Wealth Plus product page#

  • Publisher: New York Life Insurance Company

  • Doc type: consumer product page with FAQ (HTML)

  • URL: https://www.newyorklife.com/products/insurance/life-insurance/accumulation-focused-life/secure-wealth-plus

  • Accessed: 2026-08-03. Retrieved: YES (direct HTTP download; WebFetch was blocked with 403)

S10 — New York Life: “New York Life Launches Wealth Plus” press release (Sept 26, 2022)#

  • Publisher: New York Life Insurance Company

  • Doc type: press release (HTML)

  • URL: https://www.newyorklife.com/newsroom/2022/new-york-life-launches-wealth-plus

  • Accessed: 2026-08-03. Retrieved: YES (direct HTTP download)

S11 — Penn Mutual: Guaranteed Whole Life II — Features and Options (Coverage Riders), T4522#

  • Publisher: The Penn Mutual Life Insurance Company

  • Doc type: consumer rider/feature supplement to the product brochure (PDF, 9 pp.)

  • URL: https://gateway.pennmutual.com/static-assets/files/products/riders/t4522.pdf

  • Accessed: 2026-08-03. Retrieved: YES (PDF downloaded, full text extracted)

S12 — Penn Mutual: Protection Whole Life II brochure (PM9135)#

  • Publisher: The Penn Mutual Life Insurance Company

  • Doc type: consumer brochure (PDF, 6 pp., March 2025)

  • URL: https://www.pennmutual.com/static-assets/v1/item/4bdcd58e-0743-a0e0-35cc-332143082ed9/attachments/Protection%20Whole%20Life%20II.pdf

  • Accessed: 2026-08-03. Retrieved: YES (PDF downloaded, full text extracted)

S13 — Penn Mutual: “New Accumulation Whole Life” press release (Sept 2024)#

  • Publisher: The Penn Mutual Life Insurance Company

  • Doc type: press release (HTML)

  • URL: https://www.pennmutual.com/about-us/news/press-releases/2024/09/new-accumulation-whole-life

  • Accessed: 2026-08-03. Retrieved: YES (WebFetch)

S14 — IULvsWholeLife.com: “2026 Whole Life Dividend Rates: Five Mutual Carriers Verified”#

  • Publisher: IULvsWholeLife.com (independent aggregator — SECONDARY source; use with care)

  • Doc type: dividend-scale comparison article (HTML)

  • URL: https://iulvswholelife.com/dividend-rates/

  • Accessed: 2026-08-03. Retrieved: YES (WebFetch)

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

R1 — NAIC Model 808: Standard Nonforfeiture Law for Life Insurance#

  • Publisher: National Association of Insurance Commissioners (Jan 2014 printing)

  • URL: https://content.naic.org/sites/default/files/model-law-808.pdf

  • Accessed: 2026-08-03. Retrieved: YES (PDF downloaded, full text extracted)

R2 — NAIC Model 582: Life Insurance Illustrations Model Regulation#

  • Publisher: NAIC (April 2001 printing)

  • URL: https://content.naic.org/sites/default/files/model-law-582.pdf

  • Accessed: 2026-08-03. Retrieved: YES (PDF downloaded, full text extracted)

R3 — NAIC Valuation Manual, 2025 edition (VM-02, VM-20, VM-M and framework sections)#

  • Publisher: NAIC

  • URL: https://content.naic.org/sites/default/files/pbr_data_valuation_manual_current_edition.pdf

  • Accessed: 2026-08-03. Retrieved: YES (4.4 MB PDF downloaded; 457 pp.; full text extracted)

R4 — IRC §7702 (Cornell LII text)#

  • Publisher: Legal Information Institute, Cornell Law School (26 U.S.C. §7702)

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

  • Accessed: 2026-08-03. Retrieved: YES (WebFetch)

R5 — IRC §7702A (Cornell LII text)#

  • Publisher: Legal Information Institute, Cornell Law School (26 U.S.C. §7702A)

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

  • Accessed: 2026-08-03. Retrieved: YES (WebFetch)

R6 — ASOP No. 15: Dividends for Individual Participating Life Insurance, Annuities, and Disability Insurance#

  • Publisher: Actuarial Standards Board (revised edition adopted March 2006; deviation language updated May 2011; Doc. No. 134)

  • URL: https://www.actuarialstandardsboard.org/wp-content/uploads/2014/06/asop015_134.pdf

  • Accessed: 2026-08-03. Retrieved: YES (PDF downloaded, full text extracted)

R7 — ASOP No. 2: Nonguaranteed Elements for Life Insurance and Annuity Products (ASB standard page)#

  • Publisher: Actuarial Standards Board

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

  • Accessed: 2026-08-03. Retrieved: YES (WebFetch)

R8 — SOA: 2017 CSO Tables (table repository page)#

  • Publisher: Society of Actuaries

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

  • Accessed: 2026-08-03. Retrieved: YES (WebFetch)

R9 — SOA/ILEC: 2019 Individual Life Insurance Mortality Experience Report (2012–2019)#

  • Publisher: Society of Actuaries Research Institute, Individual Life Experience Committee (Oct 2024)

  • URL: https://www.soa.org/resources/research-reports/2024/ilec-mort-2012-19 (report PDF: https://www.soa.org/globalassets/assets/files/resources/research-report/2024/ilec-mort-main.pdf)

  • Accessed: 2026-08-03. Retrieved: YES (landing page fetched; PDF not separately parsed)

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

Cited against the shared U.S. reference numbering in references/regulatory-and-actuarial-references.md (prefixed REG- in the whole-life documents to avoid collision with the product research file’s R# ids). That numbering now runs R1–R157, with most of the R73–R149 block unused. Ids are never renumbered. R1–R34 originate in _research/regulatory-actuarial.md and R35–R72 in _research/regulatory-actuarial-annuities.md; R150–R157 are the post-drafting entries, all accessed 2026-08-06, with provenance in the AP&P Manual appendix extractions _research/appp-ag33.md (R151), _research/appp-ag35.md (R152), _research/appp-a820-a821-a822.md (R153), _research/appp-a830.md (R154) and _research/appp-a585-a250-a255-a270.md (R155–R157, and A-270 with no id assigned, so not citable). Of those the whole-life documents cite REG-R153 (A-820, with A-821 and A-822) and REG-R154 (A-830). Id, title, publisher, URL, access date and fetched marker for the entries added below are carried from references/regulatory-and-actuarial-references.md, together with the retrieval limits and unverified flags, because the whole-life documents rely on them at the point of use. Entries cited by the whole-life documents:

  • REG-R1 — NAIC Standard Valuation Law (Model #820), July 2010 print incl. 2009 PBR amendments. URL: https://content.naic.org/sites/default/files/model-law-820.pdf — fetched: yes. (Note: the product research file’s own R11 entry for Model 820 was blocked at fetch; citations use REG-R1, which was fetched.)

  • REG-R16 — 26 U.S.C. § 807 — Rules for certain reserves (tax reserves). URL: https://www.law.cornell.edu/uscode/text/26/807 — fetched: yes.

  • REG-R18 — 2015 Valuation Basic Table (VBT) — Report and Tables (SOA). URL: 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 2012–2019). URL: https://www.soa.org/resources/research-reports/2024/ilec-mort-2012-19 — fetched: yes (landing page). (Same study as the product file’s R9.)

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

  • REG-R25 — Life PBR Assumptions Resource Manual (American Academy of Actuaries, Jan 2019). URL: https://www.actuary.org/sites/default/files/files/publications/PBR_Assumptions_Resource_Manual_012919.pdf — fetched: yes.

  • REG-R27 — ASOP No. 7 — Life or Health Cash Flow Analysis (rev. adopted Dec 2025). URL: https://www.actuarialstandardsboard.org/asops/life-or-health-cash-flow-analysis/ — fetched: yes.

  • REG-R30 — ASOP No. 24 — NAIC Life Insurance Illustrations Model Regulation (rev. adopted Sept 2024; Doc. No. 217). URL: https://www.actuarialstandardsboard.org/asops/asop-24-naic-life-insurance-illustrations-model-regulation-024-217/ — fetched: yes (standard’s page; PDF not separately fetched).

  • REG-R31 — ASOP No. 52 — Principle-Based Reserves for Life Products under the NAIC Valuation Manual. URL: https://www.actuarialstandardsboard.org/asops/principle-based-reserves-life-products-naic-valuation-manual/ — fetched: yes.

  • REG-R32 — ASOP No. 56 — Modeling. URL: https://www.actuarialstandardsboard.org/asops/modeling-3/ — fetched: yes.

  • REG-R34 — FASB ASU No. 2018-12 (LDTI). URL: https://www.fasb.org (no working deep link; fasb.org returned HTTP 403) — fetched: no; characterization corroborated only by secondary summaries. Citations of REG-R34 in the whole-life documents carry this flag.

  • REG-R110 — VM-A: Appendix A — Requirements (Valuation Manual, Jan. 1, 2026 Edition). Publisher: NAIC. URL: https://content.naic.org/sites/default/files/pbr_data_valuation_manual_current_edition.pdf (pages A-1 to A-2; same document as REG-R3) — accessed 2026-08-04; fetched: yes (local text extraction; the complete two-page index read). Limit carried forward: VM-A is an index, not a text. The requirements it indexes — above all A-820 (minimum life and annuity reserve standards) and A-830 (valuation of life insurance policies) — live in AP&P Appendix A and were not retrieved, so formulaic CRVM detail rests on the Standard Valuation Law itself (REG-R1) and Model #830. Superseded in fact for five of the items it indexes, the sentence above being preserved verbatim as the record of what was true when it was written: A-820 is now REG-R153, A-830 is REG-R154, A-585 is REG-R155, A-250 is REG-R156 and A-255 is REG-R157, all read in full from the same free As of March 2026 download as REG-R73. A-270, A-791, A-812, A-815, VM-A-814 and A-817 are still unretrieved, and A-270, although extracted alongside REG-R155, has no reference id assigned and is therefore not citable. The whole-life documents rely on the A-817 half of that remaining gap at the point of use (preneed carve-out, RefWL-FE).

One physical document behind REG-R151–R157, and one licence caution, carried verbatim. All seven are appendix items of the NAIC Accounting Practices and Procedures Manual, As of March 2026 — the same 2,117-page consolidated PDF already catalogued as REG-R73, a free download from content.naic.org (catalogue entry “APPM-2026 … Free Download” on https://content.naic.org/publications; file https://content.naic.org/sites/default/files/publication-app-manual.pdf). They take appendix-level ids rather than being folded into REG-R73 so a document can cite A-820 ¶15 instead of a 2,117-page manual. Each was read by local text extraction from that download. None of these items prints “As of March 2026” on its own pages; every extracted page carries only the footer “© 1999-2026 National Association of Insurance Commissioners”, which is a copyright span, not an adoption, effective or revision date, and must never be cited as one. Licence, inherited from REG-R73: personal and non-commercial use; redistribution or integration “into any software or other publication” requires written NAIC permission — so the whole-life documents paraphrase the mechanics and cite the paragraph, quoting only short anchors. This supersedes in fact the library’s earlier record of the manual as a paid publication that could not be fetched — the R33 entry in references/regulatory-and-actuarial-references.md, which is frozen and preserved there and is not cited by the whole-life documents.

  • 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). Publisher: NAIC. URL: 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 REG-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, the Actuarial Opinion and Memorandum Regulation (catalogued in references/regulatory-and-actuarial-references.md at R101/R102 and not cited by the whole-life documents) — 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 (“A-820 and A-830 as printed in the AP&P Manual were not retrieved”), and, for the paragraphs it carries, the reliance on REG-R1 and Model #830 alone. REG-R110 is frozen and is preserved unaltered above.

  • REG-R154 — Appendix A-830 — Valuation of Life Insurance Policies (Including the Introduction and Use of New Select Mortality Factors). Publisher: NAIC. URL: 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 REG-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. Supersedes in fact: the A-830 half of REG-R110’s limit, and the second-hand reliance on Model #830 for the segmented/unitary construction. REG-R110 is frozen and unaltered.

REG-R1 and REG-R16 through REG-R34 were accessed 2026-08-03 per the bibliography file; REG-R153 and REG-R154 were accessed 2026-08-06; every other entry states its own access date above.

Provenance note#

Extraction details live in _research/whole-life.md: that file records which facts came from which source (per-source fact lists under each S#/R# entry), the research access date (2026-08-03), retrieval methods, and the gaps/caveats register (notably: par carriers’ specimen CV tables and current rate books are not public; Living Promise participation status is unverified; S14 is a secondary aggregator whose Northwestern Mutual figures are corroborated by S4/S5). The cross-product regulatory annotations live in _research/regulatory-actuarial.md (REG-R1–R34) and _research/regulatory-actuarial-annuities.md (REG-R35–R72); for the AP&P Manual appendix entries cited here (REG-R153, REG-R154) they live in _research/appp-a820-a821-a822.md and _research/appp-a830.md. Where those research files and the documents in this directory disagree, the research files govern. The two documents in this directory cite only facts recorded in those research files; std items are standardizations introduced at drafting and are attributed to no source.

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