<PAGE>
As filed with the Securities and Exchange Commission September 20, 2000.
File No. 333-76425
811-09295
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-4
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Pre-Effective Amendment No. [ ]
Post-Effective Amendment No. 4 [X]
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
Amendment No. 34 [X]
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
SEPARATE ACCOUNT SEVEN
(Exact Name of Registrant)
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(Name of Depositor)
P.O. BOX 2999
HARTFORD, CT 06104-2999
(Address of Depositor's Principal Offices)
(860) 843-6733
(Depositor's Telephone Number, Including Area Code)
MARIANNE O'DOHERTY
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
P.O. BOX 2999
HARTFORD, CT 06104-2999
(Name and Address of Agent for Service)
It is proposed that this filing will become effective:
___ immediately upon filing pursuant to paragraph (b) of Rule 485
_X_ on October 2, 2000 pursuant to paragraph (b) of Rule 485
___ 60 days after filing pursuant to paragraph (a)(1) of Rule 485
___ on __________ pursuant to paragraph (a)(1) of Rule 485
___ this post-effective amendment designates a new effective date
for a previously filed post-effective amendment.
Approximate Date of Proposed Public Offering: As soon as practicable after
the effective date of the registration statement.
<PAGE>
PARTS A AND B
The Prospectus and Statement of Additional Information (including all
financial statements therein) are incorporated in Parts A and B,
respectively, of this Post-Effective Amendment No. 4, by reference to
Post-Effective Amendment No. 2 to the Registration Statement on Form N-4
(File No. 333-76425), as filed on April 10, 2000 and declared effective on
May 1, 2000.
A Supplement to the Prospectus, dated October 2, 2000 is included in Part A of
this Post-Effective Amendment.
<PAGE>
HARTFORD LEADERS ACCESS
SEPARATE ACCOUNT SEVEN
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
SUPPLEMENT DATED OCTOBER 2, 2000 TO THE PROSPECTUS DATED MAY 1,
2000
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
In the section entitled "Definitions," the definition of "Commuted Value" is
deleted and replaced with the following:
COMMUTED VALUE: The present value of any remaining guaranteed Annuity Payouts.
This amount is calculated using the Assumed Investment Return for variable
dollar amount Annuity Payouts or the underlying rate of return for fixed dollar
amount Annuity Payouts.
In the "Highlights" section under the sub-section "Can I take out any of my
money?", the first paragraph is deleted and replaced with the following
language:
You may Surrender all or part of the amounts you have invested at any time
before we start making Annuity Payouts. Once Annuity Payouts begin, you may take
full or partial Surrenders under the Payments for a Period Certain, Life Annuity
with Payments for a Period Certain or the Joint and Last Survivor Life Annuity
with Payments for a Period Certain Annuity Options, but only if you selected the
variable dollar amount Annuity Payouts.
- You may have to pay income tax on the money you take out and, if you
Surrender before you are age 59 1/2, you may have to pay an income tax
penalty.
--------------------------------------------------------------------------------
In the "Highlights" section, under the subsection "What Annuity Payout Options
are available?" the second paragraph is deleted and replaced with the following:
You must begin to take payments before the Annuitant's 90th birthday or the end
of the 10th Contract Year, whichever comes later, unless you elect a later date
to begin receiving payments subject to the laws and regulations then in effect
and our approval. If you do not tell us what Annuity Payout Option you want
before that time, we will pay you under the variable Life Annuity with a 10 year
Period Certain Annuity Option. If your Contract is issued in New York, you
cannot defer beyond the Annuitant's 90th birthday. Please consult your
Registered Representative or call us.
In the "General Contract Information" section, immediately under the table
entitled "Hartford's Ratings" the following paragraph is added:
These ratings apply to Hartford's ability to meet its obligations under the
Contract. The ratings do not apply to the Separate Account or the underlying
Funds.
In the "Surrenders" section, under the sub-section entitled "What kinds of
surrenders are available?", the paragraph entitled "Partial Surrenders after the
Annuity Commencement Date" is deleted and replaced with the following language:
PARTIAL SURRENDERS AFTER THE ANNUITY COMMENCEMENT DATE -- Partial Surrenders are
permitted after the Annuity Commencement Date if you select the Life Annuity
With Payments for a Period Certain, Joint and Last Survivor Life Annuity With
Payments for a Period Certain or the Payment for a Period Certain Annuity Payout
Option. You may take partial Surrenders of amounts equal to the Commuted Value
of the payments that we would have made during the "Period Certain" or the
number of years you select under the Annuity Payout Option that we guarantee to
make Annuity Payouts.
To qualify for partial Surrenders under these Annuity Payout Options you must
elect a variable dollar amount Annuity Payout and you must make the Surrender
request during the Period Certain.
If you elect to take the entire Commuted Value of the Annuity Payouts we would
have made during the Period Certain, Hartford will not make any Annuity Payouts
during the remaining Period Certain. If you elect to take only some of the
Commuted Value of the Annuity Payouts we would have made during the Period
Certain, Hartford will reduce the remaining Annuity Payouts during the remaining
Period Certain. Annuity Payouts that are to be made after the Period Certain is
over will not change.
PLEASE CHECK WITH YOUR TAX ADVISER BECAUSE THERE COULD BE ADVERSE TAX
CONSEQUENCES FOR PARTIAL SURRENDERS AFTER THE ANNUITY COMMENCEMENT DATE.
In the "Annuity Payouts" section, under the subsection "2. Which Annuity Payout
Option do you want to use?" under the subsection "Important Information", that
last two bulleted paragraphs are deleted and replaced with the following:
- For Non-Qualified Contracts, if you do not elect an Annuity Payout Option,
variable Annuity Payouts will automatically begin on the Annuity Commencement
Date under the Life Annuity with Payments for a Period Certain Annuity Payout
Option with period certain payouts for 10 years.
- For Qualified Contracts and Contracts issued in Texas, if you do not elect an
Annuity Payout Option, variable Annuity Payouts will begin automatically on
the Annuity Commencement Date, under the Life Annuity Payout Option.
<PAGE>
2 HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
--------------------------------------------------------------------------------
The "Accumulation Unit Value" table is deleted and replaced with the following:
ACCUMULATION UNIT VALUES
(For an Accumulation Unit Value outstanding throughout the period)
The following audited information from the financial statements of the Separate
Account has been audited by Arthur Andersen LLP, independent public accountants,
as indicated in their report with respect thereto, and should be read in
conjunction with those statements which are included in the Statement of
Additional Information, which is incorporated by reference in this Prospectus.
The unaudited information, which reflects the deduction for the Optional Death
Benefit, has been derived from the audited financial statements of the Separate
Account. There is no information for MFS Mid Cap Growth Series and Franklin
Technology Securities Fund Sub-Accounts because as of December 31, 1999 the
Sub-Accounts had not commenced operations.
<TABLE>
<CAPTION>
YEAR ENDED DECEMBER 31,
WITH THE
WITHOUT THE OPTIONAL
OPTIONAL DEATH BENEFIT
DEATH BENEFIT (UNAUDITED)
1999 1999
<S> <C> <C>
-------------------------------------------------------------------------------------------------------
AMERICAN FUNDS ASSET ALLOCATION FUND SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $ 9.764 $ 9.760
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 87 --
-------------------------------------------------------------------------------------------------------
AMERICAN FUNDS BOND FUND SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $10.093 $10.089
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 53 --
-------------------------------------------------------------------------------------------------------
AMERICAN FUNDS GLOBAL GROWTH FUND SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $13.963 $13.957
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 105 --
-------------------------------------------------------------------------------------------------------
AMERICAN FUNDS GLOBAL SMALL CAPITALIZATION FUND
SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $13.767 $13.762
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 83 --
-------------------------------------------------------------------------------------------------------
AMERICAN FUNDS GROWTH FUND SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $12.502 $12.497
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 250 1
-------------------------------------------------------------------------------------------------------
AMERICAN FUNDS GROWTH-INCOME FUND SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $ 9.579 $ 9.575
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 420 1
-------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY 3
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
YEAR ENDED DECEMBER 31,
WITH THE
WITHOUT THE OPTIONAL
OPTIONAL DEATH BENEFIT
DEATH BENEFIT (UNAUDITED)
1999 1999
<S> <C> <C>
-------------------------------------------------------------------------------------------------------
AMERICAN FUNDS INTERNATIONAL FUND SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $14.645 $14.639
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 174 --
-------------------------------------------------------------------------------------------------------
AMERICAN FUNDS NEW WORLD FUND SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $11.644 $11.639
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 34 --
-------------------------------------------------------------------------------------------------------
FRANKLIN REAL ESTATE FUND SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $ 8.831 $ 8.827
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 1 --
-------------------------------------------------------------------------------------------------------
FRANKLIN SMALL CAP FUND SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $16.637 $16.630
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 20 --
-------------------------------------------------------------------------------------------------------
FRANKLIN STRATEGIC INCOME SECURITIES FUND SUB-ACCOUNT
(FORMERLY FRANKLIN STRATEGIC INCOME INVESTMENTS FUND
SUB-ACCOUNT)
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $10.176 $10.172
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 19 --
-------------------------------------------------------------------------------------------------------
HARTFORD MONEY MARKET HLS FUND SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $ 1.000 $ 1.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $ 1.017 $ 1.016
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 2,074 71
-------------------------------------------------------------------------------------------------------
MFS CAPITAL OPPORTUNITIES SERIES SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $12.203 $12.198
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 27 1
-------------------------------------------------------------------------------------------------------
MFS EMERGING GROWTH SERIES SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $15.403 $15.396
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 48 --
-------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
4 HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
YEAR ENDED DECEMBER 31,
WITH THE
WITHOUT THE OPTIONAL
OPTIONAL DEATH BENEFIT
DEATH BENEFIT (UNAUDITED)
1999 1999
<S> <C> <C>
-------------------------------------------------------------------------------------------------------
MFS GLOBAL EQUITY SERIES SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $11.586 $11.581
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 4 --
-------------------------------------------------------------------------------------------------------
MFS GROWTH SERIES SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $12.001 $11.996
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 48 --
-------------------------------------------------------------------------------------------------------
MFS GROWTH WITH INCOME SERIES SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $ 9.950 $ 9.946
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 58 --
-------------------------------------------------------------------------------------------------------
MFS HIGH INCOME SERIES SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $10.040 $10.036
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 18 --
-------------------------------------------------------------------------------------------------------
MFS NEW DISCOVERY SERIES SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $14.318 $14.313
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 19 --
-------------------------------------------------------------------------------------------------------
MFS TOTAL RETURN SERIES SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $ 9.688 $ 9.684
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 28 1
-------------------------------------------------------------------------------------------------------
MUTUAL SHARES SECURITIES FUND SUB-ACCOUNT
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $ 9.784 $ 9.780
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 37 --
-------------------------------------------------------------------------------------------------------
TEMPLETON ASSET STRATEGY FUND SUB-ACCOUNT (FORMERLY
TEMPLETON ASSET ALLOCATION FUND SUB-ACCOUNT)
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $10.855 $10.851
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 6 --
-------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY 5
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
YEAR ENDED DECEMBER 31,
WITH THE
WITHOUT THE OPTIONAL
OPTIONAL DEATH BENEFIT
DEATH BENEFIT (UNAUDITED)
1999 1999
<S> <C> <C>
-------------------------------------------------------------------------------------------------------
TEMPLETON DEVELOPING MARKETS SECURITIES FUND SUB-ACCOUNT
(FORMERLY TEMPLETON DEVELOPING MARKETS EQUITY FUND
SUB-ACCOUNT)
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $11.109 $11.104
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 17 --
-------------------------------------------------------------------------------------------------------
TEMPLETON GROWTH SECURITIES FUND SUB-ACCOUNT (FORMERLY
TEMPLETON GLOBAL GROWTH FUND SUB-ACCOUNT)
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $10.606 $10.601
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 33 --
-------------------------------------------------------------------------------------------------------
TEMPLETON INTERNATIONAL SECURITIES FUND SUB-ACCOUNT
(FORMERLY TEMPLETON INTERNATIONAL FUND SUB-ACCOUNT)
(Inception date July 1, 1999)
Accumulation unit value at beginning of period $10.000 $10.000
-------------------------------------------------------------------------------------------------------
Accumulation unit value at end of period $10.947 $10.942
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Number of accumulation units outstanding at end of period
(in thousands) 79 --
-------------------------------------------------------------------------------------------------------
</TABLE>
HV-2721
333-76425
<PAGE>
PART C
<PAGE>
OTHER INFORMATION
Item 24. Financial Statements and Exhibits
(a) All financial statements are included in Part A and Part B of the
Registration Statement.
(b) (1) Resolution of the Board of Directors of Hartford Life and
Annuity Insurance Company ("Hartford") authorizing the
establishment of the Separate Account.(1)
(2) Not applicable.
(3) (a) Form of Principal Underwriter Agreement.(1)
(3) (b) Form of Dealer Agreement.(2)
(4) Form of Individual Flexible Premium Variable Annuity
Contract.(3)
(5) Form of Application.(2)
(6) (a) Certificate of Incorporation of Hartford.(4)
(6) (b) Bylaws of Hartford.(1)
(7) Not applicable.
(8) Form of Fund Participation Agreement.(5)
(9) Opinion and Consent of Lynda Godkin, Senior Vice President,
General Counsel, and Corporate Secretary.
(10) Consent of Arthur Andersen LLP, Independent Public
Accountants.
(11) No financial statements are omitted.
--------
(1) Incorporated by reference to Pre-Effective Amendment No. 1 to
the Registration Statement File No. 333-76425 dated June 21,
1996.
(2) Incorporated by reference to Post-Effective Amendment No. 3
to the Registration Statement File No. 33-73568 dated May 1,
1996.
(3) Incorporated by reference to Post-Effective Amendment No. 2
to the Registration Statement File No. 33-73568 dated May 1,
1995.
(4) Incorporated by reference to the initial filing of the
Registration Statement File No. 333-45303 dated January 30,
1998
(5) Incorporated by reference to Post-Effective Amendment No. 2
to the Registration Statement File No. 333-91921, filed on
August 25, 2000.
<PAGE>
(12) Not applicable.
(13) Not applicable.
(14) Not applicable.
(15) Copy of Power of Attorney.
(16) Organizational Chart.
Item 25. Directors and Officers of the Depositor
<TABLE>
<CAPTION>
--------------------------------------------- ----------------------------------------------------------------------
NAME POSITION WITH HARTFORD
--------------------------------------------- ----------------------------------------------------------------------
<S> <C>
David A. Carlson Vice President
--------------------------------------------- ----------------------------------------------------------------------
Peter W. Cummins Senior Vice President
--------------------------------------------- ----------------------------------------------------------------------
Bruce W. Ferris Vice President
--------------------------------------------- ----------------------------------------------------------------------
Timothy M. Fitch Vice President & Actuary
--------------------------------------------- ----------------------------------------------------------------------
Mary Jane B. Fortin Vice President & Chief Accounting Officer
--------------------------------------------- ----------------------------------------------------------------------
David T. Foy Senior Vice President, Chief Financial Officer and Treasurer,
Director*
--------------------------------------------- ----------------------------------------------------------------------
Lynda Godkin Senior Vice President, General Counsel, and Corporate Secretary,
Director*
--------------------------------------------- ----------------------------------------------------------------------
Lois W. Grady Senior Vice President
--------------------------------------------- ----------------------------------------------------------------------
Stephen T. Joyce Senior Vice President
--------------------------------------------- ----------------------------------------------------------------------
Michael D. Keeler Vice President
--------------------------------------------- ----------------------------------------------------------------------
Robert A. Kerzner Senior Vice President
--------------------------------------------- ----------------------------------------------------------------------
Thomas M. Marra President, Director*
--------------------------------------------- ----------------------------------------------------------------------
Steven L. Matthiesen Vice President
--------------------------------------------- ----------------------------------------------------------------------
Deanne Osgood Vice President
--------------------------------------------- ----------------------------------------------------------------------
Craig R. Raymond Senior Vice President and Chief Actuary
--------------------------------------------- ----------------------------------------------------------------------
Lowndes A. Smith Chief Executive Officer, Director*
--------------------------------------------- ----------------------------------------------------------------------
David M. Znamierowski Senior Vice President and Chief Investment Officer, Director*
--------------------------------------------- ----------------------------------------------------------------------
</TABLE>
Unless otherwise indicated, the principal business address of each of the above
individuals is P.O. Box 2999, Hartford, CT 06104-2999.
*Denotes Board of Directors.
<PAGE>
Item 26. Persons Controlled By or Under Common Control with the Depositor or
Registrant
Filed herewith as Exhibit 16.
Item 27. Number of Contract Owners
As of July 31, 2000, there were 10,733 Contract Owners.
Item 28. Indemnification
Sections 33-770 to 33-778, inclusive, of the Connecticut General
Statutes ("CGS") provide that a corporation may provide indemnification
of or advance expenses to a director, officer, employee or agent.
Reference is hereby made to Section 33-771(e) of CGS regarding
indemnification of directors and Section 33-776(d) of CGS regarding
indemnification of officers, employees and agents of Connecticut
corporations. These statutes provide, in general, that Connecticut
corporations incorporated prior to January 1, 1997 shall, except to the
extent that their certificate of incorporation expressly provides
otherwise, indemnify their directors, officers, employees and agents
against "liability" (defined as the obligation to pay a judgment,
settlement, penalty, fine, including an excise tax assessed with
respect to an employee benefit plan, or reasonable expenses incurred
with respect to a proceeding) when (1) a determination is made pursuant
to Section 33-775 that the party seeking indemnification has met the
standard of conduct set forth in Section 33-771 or (2) a court has
determined that indemnification is appropriate pursuant to Section
33-774. Under Section 33-775, the determination of and the
authorization for indemnification are made (a) by the disinterested
directors, as defined in Section 33-770(3); (b) by special counsel; (c)
by the shareholders; or (d) in the case of indemnification of an
officer, agent or employee of the corporation, by the general counsel
of the corporation or such other officer(s) as the board of directors
may specify. Also, Section 33-772 provides that a corporation shall
indemnify an individual who was wholly successful on the merits or
otherwise against reasonable expenses incurred by him in connection
with a proceeding to which he was a party because he was a director of
the corporation. In the case of a proceeding by or in the right of the
corporation or with respect to conduct for which the director, officer,
agent or employee was adjudged liable on the basis that he received a
financial benefit to which he was not entitled, indemnification is
limited to reasonable expenses incurred in connection with the
proceeding against the corporation to which the individual was named a
party.
Under the Depositor's bylaws, the Depositor must indemnify both
directors and officers of the Depositor for (1) any claims and
liabilities to which they become subject by reason of being or having
been directors or officers of the Depositor and (2) legal and other
expenses incurred in defending against such claims, in each case, to
the extent such is consistent with statutory provisions.
<PAGE>
Section 33-777 of CGS specifically authorizes a corporation to procure
indemnification insurance on behalf of an individual who was a
director, officer, employer or agent of the corporation. Consistent
with the statute, the directors and officers of the Depositor and
Hartford Securities Distribution Company, Inc. ("HSD") are covered
under a directors and officers liability insurance policy issued to The
Hartford Financial Services Group, Inc. and its subsidiaries.
Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or
otherwise, the Registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against
public policy as expressed in the Act and is, therefore, unenforceable.
In the event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or paid
by a director, officer or controlling person of the Registrant in the
successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the
securities being registered, the Registrant will, unless in the opinion
of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act
and will be governed by the final adjudication of such issue.
Item 29. Principal Underwriters
(a) HSD acts as principal underwriter for the following investment
companies:
Hartford Life Insurance Company - Separate Account One
Hartford Life Insurance Company - Separate Account Two
Hartford Life Insurance Company - Separate Account Two (DC
Variable Account I)
Hartford Life Insurance Company - Separate Account Two (DC
Variable Account II)
Hartford Life Insurance Company - Separate Account Two (QP
Variable Account)
Hartford Life Insurance Company - Separate Account Two
(Variable Account "A")
Hartford Life Insurance Company - Separate Account Two (NQ
Variable Account)
Hartford Life Insurance Company - Putnam Capital Manager
Trust Separate Account
Hartford Life Insurance Company - Separate Account Three
Hartford Life Insurance Company - Separate Account Five
Hartford Life Insurance Company - Separate Account Seven
Hartford Life and Annuity Insurance Company - Separate Account
One
Hartford Life and Annuity Insurance Company - Putnam Capital
Manager Trust Separate Account Two
Hartford Life and Annuity Insurance Company - Separate Account
Three
Hartford Life and Annuity Insurance Company - Separate Account
Five
Hartford Life and Annuity Insurance Company - Separate Account
Six
Hartford Life and Annuity Insurance Company - Separate Account
Seven
Hart Life Insurance Company - Separate Account One
Hart Life Insurance Company - Separate Account Two
American Maturity Life Insurance Company - Separate Account AMLVA
Servus Life Insurance Company - Separate Account One
Servus Life Insurance Company - Separate Account Two
<PAGE>
(b) Directors and Officers of HSD
<TABLE>
<CAPTION>
POSITIONS AND OFFICES
NAME WITH UNDERWRITER
---- ---------------------
<S> <C>
David A. Carlson Vice President
Peter W. Cummins Senior Vice President
David T. Foy Treasurer
Lynda Godkin Senior Vice President, General Counsel and
Corporate Secretary
George R. Jay Controller
Robert A. Kerzner Executive Vice President
Thomas M. Marra Executive Vice President, Director
Paul E. Olson Supervising Registered Principal
Lowndes A. Smith President and Chief Executive Officer, Director
</TABLE>
Unless otherwise indicated, the principal business address of
each of the above individuals is P.O. Box 2999, Hartford, CT
06104-2999.
Item 30. Location of Accounts and Records
All of the accounts, books, records or other documents required to
be kept by Section 31(a) of the Investment Company Act of 1940 and
rules thereunder, are maintained by Hartford at 200 Hopmeadow
Street, Simsbury, Connecticut 06089.
Item 31. Management Services
All management contracts are discussed in Part A and Part B of
this Registration Statement.
<PAGE>
Item 32. Undertakings
(a) The Registrant hereby undertakes to file a post-effective
amendment to this Registration Statement as frequently as is
necessary to ensure that the audited financial statements in
the Registration Statement are never more than 16 months old
so long as payments under the variable annuity Contracts may
be accepted.
(b) The Registrant hereby undertakes to include either (1) as part
of any application to purchase a Contract offered by the
Prospectus, a space that an applicant can check to request a
Statement of Additional Information, or (2) a post card or
similar written communication affixed to or included in the
Prospectus that the applicant can remove to send for a
Statement of Additional Information.
(c) The Registrant hereby undertakes to deliver any Statement of
Additional Information and any financial statements required
to be made available under this Form promptly upon written or
oral request.
(d) Hartford hereby represents that the aggregate fees and charges
under the Contract are reasonable in relation to the services
rendered, the expenses expected to be incurred, and the risks
assumed by Hartford.
The Registrant is relying on the no-action letter issued by the Division of
Investment Management to American Counsel of Life Insurance, Ref. No. IP-6-88,
November 28, 1988. The Registrant has complied with conditions one through four
of the no-action letter.
<PAGE>
SIGNATURES
----------
As required by the Securities Act of 1933 and the Investment Company Act of
1940, the Registrant certifies that it meets all the requirements for
effectiveness of this Registration Statement pursuant to Rule 485(b) under the
Securities Act of 1933 and has caused this Registration Statement to be signed
on its behalf, in the Town of Simsbury, and State of Connecticut on this 20th
day of September, 2000.
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY -
SEPARATE ACCOUNT SEVEN
(Registrant)
*By: Thomas M. Marra *By: /s/ Marianne O'Doherty
------------------------------ -------------------------
Thomas M. Marra, President Marianne O'Doherty
Attorney-in-Fact
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(Depositor)
*By: Thomas M. Marra
--------------------------------
Thomas M. Marra, President
Pursuant to the requirements of the Securities Act of 1933, as amended, this
Registration Statement has been signed below by the following persons and in the
capacity and on the date indicated.
David T. Foy, Senior Vice President, Chief Financial
Officer & Treasurer, Director *
Lynda Godkin, Senior Vice President, General *By: /s/ Marianne O'Doherty
Counsel and Corporate -----------------------
Secretary, Director* Marianne O'Doherty
Thomas M. Marra, President, Attorney-in-Fact
Director*
Lowndes A. Smith, Chief Dated: September 20, 2000
Executive Officer, Director*
David M. Znamierowski, Senior Vice President and
Chief Investment Officer, Director*
333-76425
<PAGE>
EXHIBIT INDEX
(9) Opinion and Consent of Lynda Godkin, Senior Vice President,
General Counsel, and Corporate Secretary.
(10) Consent of Arthur Andersen LLP, Independent Public Accountants.
(15) Copy of Power of Attorney.
(16) Organizational Chart.
