<PAGE>
<TABLE>
<S> <C>
THE DIRECTOR
SERIES I
SEPARATE ACCOUNT TWO
HARTFORD LIFE INSURANCE COMPANY
SUPPLEMENT DATED OCTOBER 2, 2000 TO THE PROSPECTUS DATED
MAY 1, 2000
</TABLE>
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
In the "Definitions" section, the following definition is added immediately
after the definition of "Commuted Value":
CONTINGENT ANNUITANT: The person you may designate to become the Annuitant if
the original Annuitant dies before the Annuity Commencement Date. You must name
a Contingent Annuitant before the original Annuitant's death.
In the "Highlights" section, in the first paragraph of the sub-section entitled
"Will Hartford pay a Death Benefit?", the first sentence is deleted and replaced
with the following:
There is a Death Benefit if the Contract Owner, joint owner or Annuitant die
before we begin to make Annuity Payouts.
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 120, 180
or 240 Monthly Payments Certain Annuity Payout Option with period certain
payouts for 120 months. 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 "Death Benefit" section, in the first paragraph of the sub-section
entitled "What is the Death Benefit and how is it calculated?", the first
sentence is deleted and replaced with the following:
The Death Benefit is the amount we will pay upon the death of the Contract
Owner, joint Owner or Annuitant.
In the "Death Benefit" section, the sub-section entitled "Who will receive the
Death Benefit?" is deleted and replaced with the following language:
The distribution of the Death Benefit is based on whether death is before, on or
after the Annuity Commencement Date.
IF DEATH OCCURS BEFORE THE ANNUITY COMMENCEMENT DATE:
<TABLE>
<CAPTION>
IF THE DECEASED IS THE . . . AND . . . AND . . . THEN THE . . .
<S> <C> <C> <C>
Contract Owner There is a surviving joint The Annuitant is living or Joint Contract Owner
Contract Owner deceased receives the Death
Benefit.
Contract Owner There is no surviving The Annuitant is living or Designated Beneficiary
joint Contract Owner deceased receives the Death
Benefit.
Contract Owner There is no surviving The Annuitant is living or Contract Owner's estate
joint Contract Owner and deceased receives the Death
the Beneficiary Benefit.
predeceases the Contract
Owner
Annuitant The Contract Owner is There is no named Death Benefit is paid to
living Contingent Annuitant the Contract Owner(s) and
not the designated
Beneficiary.
Annuitant The Contract Owner is The Contingent Annuitant Contingent Annuitant
living is living becomes the Annuitant, and
the Contract continues.
</TABLE>
<PAGE>
IF DEATH OCCURS ON OR AFTER THE ANNUITY COMMENCEMENT DATE:
<TABLE>
<CAPTION>
IF THE DECEASED IS THE . . . AND . . . THEN THE . . .
<S> <C> <C>
Contract Owner The Annuitant is living Designated Beneficiary becomes the
Contract Owner
Annuitant The Contract Owner is living Contract Owner receives the Death
Benefit.
Annuitant The Annuitant is also the Contract Owner Designated Beneficiary receives the
Death Benefit.
</TABLE>
THESE ARE THE MOST COMMON DEATH BENEFIT SCENARIOS, HOWEVER, THERE ARE OTHERS.
SOME OF THE ANNUITY PAYOUT OPTIONS MAY NOT RESULT IN A DEATH BENEFIT PAYOUT. IF
YOU HAVE QUESTIONS ABOUT THESE AND ANY OTHER SCENARIOS, PLEASE CONTACT YOUR
REGISTERED REPRESENTATIVE OR US.
In the "Annuity Payouts" section, under the sub-section "1. When do you want
Annuity Payouts to begin?", the last sentence of the first paragraph is deleted
and replaced with the following language:
The Annuity Commencement Date cannot be deferred beyond the Annuitant's 90th
birthday or the end of the 10th Contract Year, whichever is later unless you
elect a later date to begin receiving payments subject to the laws and
regulations then in effect and our approval. If your Contract is issued in New
York, you cannot defer beyond the Annuitant's 90th birthday. If this Contract is
issued to the trustee of a Charitable Remainder Trust, the Annuity Commencement
Date may be deferred to the Annuitant's 100th birthday.
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 120, 180 or 240 Monthly Payments Certain
Annuity Payout Option with period certain payouts for 120 months.
- 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.
In the "Other Programs Available" section, in the paragraph entitled "Automatic
Income" the first sentence is deleted and replaced with the following:
The Automatic Income Program allows you to Surrender up to 10% of your total
Premium Payments each Contract Year without a Contingent Deferred Sales Charge.
The "Accumulation Unit Values" table is deleted and replaced with the following:
ACCUMULATION UNIT VALUES
--------------------------------------------------------------------------------
(For and Accumulation Unit 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. No information is shown for Hartford Global Health HLS Fund Sub-Account
and Hartford Global Technology HLS Fund Sub-Account because, as of December 31,
1999, the Sub-Accounts had not yet commenced operations.
<TABLE>
<CAPTION>
YEAR ENDED DECEMBER 31,
-----------------------------------------------------------------------------------------
WITHOUT WITH THE
THE OPTIONAL
OPTIONAL DEATH
DEATH BENEFIT
BENEFIT (UNAUDITED)
1999 1999 1998 1997 1996 1995 1994 1993
<S> <C> <C> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------
HARTFORD BOND HLS FUND
SUB-ACCOUNT --
NON-QUALIFIED
Accumulation Unit Value at
beginning of period (a) $4.307 $4.149 $4.023 $3.649 $3.560 $3.035 $3.191 $2.924
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $4.178 $4.177 $4.307 $4.023 $3.649 $3.560 $3.035 $3.191
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 1,528 -- 1,962 1,879 2,005 2,377 2,747 3,449
-----------------------------------------------------------------------------------------------------------------------
<CAPTION>
YEAR ENDED DECEMBER 31,
------------------------------
1992 1991 1990
<S> <C> <C> <C>
----------------------------
HARTFORD BOND HLS FUND
SUB-ACCOUNT --
NON-QUALIFIED
Accumulation Unit Value at
beginning of period (a) $2.798 $2.27 $2.261
----------------------------
Accumulation Unit Value at
end of period $2.924 $2.798 $2.27
---------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 3,618 4,101 4,099
----------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
YEAR ENDED DECEMBER 31,
-----------------------------------------------------------------------------------------
WITHOUT WITH THE
THE OPTIONAL
OPTIONAL DEATH
DEATH BENEFIT
BENEFIT (UNAUDITED)
1999 1999 1998 1997 1996 1995 1994 1993
<S> <C> <C> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------
HARTFORD BOND HLS FUND
SUB-ACCOUNT -- QUALIFIED
Accumulation Unit Value at
beginning of period (a) $4.374 $4.213 $4.085 $3.705 $3.615 $3.082 $3.240 $2.969
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $4.243 $4.241 $4.374 $4.085 $3.705 $3.615 $3.082 $3.240
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 213 -- 233 276 286 331 387 493
-----------------------------------------------------------------------------------------------------------------------
HARTFORD STOCK HLS FUND
SUB-ACCOUNT --
NON-QUALIFIED
Accumulation Unit Value at
beginning of period (a) $11.224 $11.713 $8.493 $6.530 $5.303 $3.994 $4.112 $3.633
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $13.311 $13.306 $11.224 $8.493 $6.530 $5.303 $3.994 $4.112
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 2,765 -- 2,913 3,173 3,407 4,081 3,744 4,033
-----------------------------------------------------------------------------------------------------------------------
HARTFORD STOCK HLS FUND
SUB-ACCOUNT QUALIFIED
Accumulation Unit Value at
beginning of period (a) $11.738 $12.250 $8.882 $6.829 $5.546 $4.177 $4.301 $3.799
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $13.920 $13.916 $11.738 $8.882 $6.829 $5.546 $4.177 $4.301
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 680 -- 803 848 830 940 1,015 1,043
-----------------------------------------------------------------------------------------------------------------------
HARTFORD MONEY MARKET HLS
FUND SUB-ACCOUNT
NON-QUALIFIED
Accumulation Unit Value at
beginning of period (a) $2.681 $2.758 $2.572 $2.466 $2.369 $2.262 $2.198 $2.157
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.784 $2.783 $2.681 $2.572 $2.466 $2.369 $2.262 $2.198
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 6,996 -- 9,019 12,010 13,211 10,105 14,167 15,270
-----------------------------------------------------------------------------------------------------------------------
HARTFORD MONEY MARKET HLS
FUND SUB-ACCOUNT QUALIFIED
Accumulation Unit Value at
beginning of period (a) $2.679 $2.757 $2.571 $2.465 $2.368 $2.261 $2.197 $2.156
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.782 $2.782 $2.679 $2.571 $2.465 $2.368 $2.261 $2.197
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 460 -- 612 979 1,362 1,178 1,194 1,160
-----------------------------------------------------------------------------------------------------------------------
HARTFORD ADVISERS HLS FUND
SUB-ACCOUNT NON-QUALIFIED
Accumulation Unit Value at
beginning of period (a) $6.604 $6.674 $5.351 $4.341 $3.761 $2.960 $3.074 $2.766
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $7.231 $7.228 $6.604 $5.351 $4.341 $3.761 $2.960 $3.074
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 8,513 -- 9,942 11,223 12,469 13,796 15,417 17,371
-----------------------------------------------------------------------------------------------------------------------
HARTFORD ADVISERS HLS FUND
SUB-ACCOUNT QUALIFIED
Accumulation Unit Value at
beginning of period (a) $6.604 $6.674 $5.351 $4.341 $3.761 $2.960 $3.074 $2.766
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $7.231 $7.228 $6.604 $5.351 $4.341 $3.761 $2.960 $3.074
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 2,884 -- 3,191 3,353 3,531 4,045 4,661 5,005
-----------------------------------------------------------------------------------------------------------------------
HARTFORD CAPITAL
APPRECIATION GROWTH HLS
FUND SUB-ACCOUNT
NON-QUALIFIED
Accumulation Unit Value at
beginning of period (a) $9.319 $10.263 $8.151 $6.729 $5.631 $4.367 -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $12.683 $12.678 $9.319 $8.151 $6.729 $5.631 $4.367 --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
utstanding at end of period
(in thousands) 1,995 -- 2,433 2,279 2,634 3,859 2,983 --
-----------------------------------------------------------------------------------------------------------------------
<CAPTION>
YEAR ENDED DECEMBER 31,
------------------------------
1992 1991 1990
<S> <C> <C> <C>
----------------------------
HARTFORD BOND HLS FUND
SUB-ACCOUNT -- QUALIFIED
Accumulation Unit Value at
beginning of period (a) $2.842 $2.465 $2.296
----------------------------
Accumulation Unit Value at
end of period $2.969 $2.842 $2.465
-------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 557 598 741
----------------------------
HARTFORD STOCK HLS FUND
SUB-ACCOUNT --
NON-QUALIFIED
Accumulation Unit Value at
beginning of period (a) $3.334 $2.702 $2.84
----------------------------
Accumulation Unit Value at
end of period $3.633 $3.334 $2.702
-----------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 4,383 4,389 4,551
----------------------------
HARTFORD STOCK HLS FUND
SUB-ACCOUNT QUALIFIED
Accumulation Unit Value at
beginning of period (a) $3.487 $2.826 $2.97
----------------------------
Accumulation Unit Value at
end of period $3.799 $3.487 $2.826
---------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 985 1,110 1,013
----------------------------
HARTFORD MONEY MARKET HLS
FUND SUB-ACCOUNT
NON-QUALIFIED
Accumulation Unit Value at
beginning of period (a) $2.102 $2.002 $1.871
----------------------------
Accumulation Unit Value at
end of period $2.157 $2.102 $2.002
-------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 19,145 25,059 31,519
----------------------------
HARTFORD MONEY MARKET HLS
FUND SUB-ACCOUNT QUALIFIED
Accumulation Unit Value at
beginning of period (a) $2.101 $2.001 $1.87
----------------------------
Accumulation Unit Value at
end of period $2.156 $2.101 $2.001
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 2,542 3,959 4,837
----------------------------
HARTFORD ADVISERS HLS FUND
SUB-ACCOUNT NON-QUALIFIED
Accumulation Unit Value at
beginning of period (a) $2.579 $2.164 $2.159
----------------------------
Accumulation Unit Value at
end of period $2.766 $2.579 $2.164
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 18,273 19,355 21,074
----------------------------
HARTFORD ADVISERS HLS FUND
SUB-ACCOUNT QUALIFIED
Accumulation Unit Value at
beginning of period (a) $2.579 $2.164 $2.159
----------------------------
Accumulation Unit Value at
end of period $2.766 $2.579 $2.164
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 5,231 5,513 6,012
----------------------------
HARTFORD CAPITAL
APPRECIATION GROWTH HLS
FUND SUB-ACCOUNT
NON-QUALIFIED
Accumulation Unit Value at
beginning of period (a) -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
utstanding at end of period
(in thousands) -- -- --
----------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
YEAR ENDED DECEMBER 31,
-----------------------------------------------------------------------------------------
WITHOUT WITH THE
THE OPTIONAL
OPTIONAL DEATH
DEATH BENEFIT
BENEFIT (UNAUDITED)
1999 1999 1998 1997 1996 1995 1994 1993
<S> <C> <C> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------
HARTFORD CAPITAL
APPRECIATION GROWTH HLS
FUND SUB-ACCOUNT QUALIFIED
Accumulation Unit Value at
beginning of period (a) $9.323 $10.267 $8.154 $6.732 $5.633 $4.369 $1.764 $1.736
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $12.688 $12.684 $9.323 $8.154 $6.732 $5.633 $4.369 $1.764
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 694 -- 775 859 888 891 938 38
-----------------------------------------------------------------------------------------------------------------------
HARTFORD MORTGAGE SECURITIES
HLS FUND SUB-ACCOUNT
NON-QUALIFIED
Accumulation Unit Value at
beginning of period (a) $2.845 $2.840 $2.692 $2.495 $2.398 $2.085 $4.303 $3.598
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.859 $2.858 $2.845 $2.692 $2.495 $2.398 $2.085 $4.303
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 4,637 -- 5,584 6,914 8,165 9,957 11,297 3,032
-----------------------------------------------------------------------------------------------------------------------
HARTFORD MORTGAGE SECURITIES
HLS FUND SUB-ACCOUNT
QUALIFIED
Accumulation Unit Value at
beginning of period (a) $2.845 $2.840 $2.692 $2.495 $2.398 $2.085 $4.305 $3.599
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.859 $2.858 $2.845 $2.692 $2.495 $2.398 $2.085 $4.305
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 455 -- 484 695 755 1,001 1,432 1,026
-----------------------------------------------------------------------------------------------------------------------
HARTFORD INTERNATIONAL
OPPORTUNITIES HLS FUND
SUB-ACCOUNT NON-QUALIFIED
Accumulation Unit Value at
beginning of period (c) $1.676 $1.934 $1.497 $1.507 $1.348 $1.195 $2.140 $2.033
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.321 $2.320 $1.676 $1.497 $1.507 $1.348 $1.195 $2.140
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 1,040 -- 1,314 314 374 403 557 14,186
-----------------------------------------------------------------------------------------------------------------------
HARTFORD INTERNATIONAL
OPPORTUNITIES HLS FUND
SUB-ACCOUNT QUALIFIED
Accumulation Unit Value at
beginning of period (c) $1.677 $1.935 $1.497 $1.507 $1.348 $1.195 $2.140 $2.033
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.322 $2.321 $1.677 $1.497 $1.507 $1.348 $1.195 $2.140
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 165 -- 197 1,518 1,951 1,765 2,439 2,005
-----------------------------------------------------------------------------------------------------------------------
HARTFORD DIVIDEND & GROWTH
HLS FUND SUB-ACCOUNT
(NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (d) $2.501 $2.451 $2.170 $1.661 $1.366 $1.011 $1.000 $0.929
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.608 $2.607 $2.501 $2.170 $1.661 $1.366 $1.011 $1.230
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 1,206 -- 1,616 1,710 1,241 665 335 410
-----------------------------------------------------------------------------------------------------------------------
HARTFORD DIVIDEND & GROWTH
HLS FUND SUB-ACCOUNT
(QUALIFIED)
Accumulation Unit Value at
beginning of period (d) $2.501 $2.451 $2.170 $1.662 $1.366 $1.011 $1.000 $0.929
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.608 $2.607 $2.501 $2.170 $1.662 $1.366 $1.011 $1.230
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 303 -- 418 391 291 61 37 1,473
-----------------------------------------------------------------------------------------------------------------------
HARTFORD INTERNATIONAL
ADVISERS HLS FUND
SUB-ACCOUNT (NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (e) $1.491 $1.620 $1.328 $1.271 $1.149 $1.000 -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $1.818 $1.817 $1.491 $1.328 $1.271 $1.149 -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 154 -- 201 223 348 30 -- --
-----------------------------------------------------------------------------------------------------------------------
<CAPTION>
YEAR ENDED DECEMBER 31,
------------------------------
1992 1991 1990
<S> <C> <C> <C>
----------------------------
HARTFORD CAPITAL
APPRECIATION GROWTH HLS
FUND SUB-ACCOUNT QUALIFIED
Accumulation Unit Value at
beginning of period (a) $1.698 $1.624 $1.525
----------------------------
Accumulation Unit Value at
end of period $1.736 $1.698 $1.624
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 84 124 125
----------------------------
HARTFORD MORTGAGE SECURITIES
HLS FUND SUB-ACCOUNT
NON-QUALIFIED
Accumulation Unit Value at
beginning of period (a) $3.106 $2.036 $2.308
----------------------------
Accumulation Unit Value at
end of period $3.598 $3.106 $2.036
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 3,803 3,521 2,204
----------------------------
HARTFORD MORTGAGE SECURITIES
HLS FUND SUB-ACCOUNT
QUALIFIED
Accumulation Unit Value at
beginning of period (a) $3.107 $2.037 $2.309
----------------------------
Accumulation Unit Value at
end of period $3.599 $3.107 $2.037
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 859 915 793
----------------------------
HARTFORD INTERNATIONAL
OPPORTUNITIES HLS FUND
SUB-ACCOUNT NON-QUALIFIED
Accumulation Unit Value at
beginning of period (c) $1.963 $1.728 $1.591
----------------------------
Accumulation Unit Value at
end of period $2.033 $1.963 $1.728
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 17,449 20,875 23,365
----------------------------
HARTFORD INTERNATIONAL
OPPORTUNITIES HLS FUND
SUB-ACCOUNT QUALIFIED
Accumulation Unit Value at
beginning of period (c) $1.963 $1.728 $1.591
----------------------------
Accumulation Unit Value at
end of period $2.033 $1.963 $1.728
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 3,646 4,104 4,668
----------------------------
HARTFORD DIVIDEND & GROWTH
HLS FUND SUB-ACCOUNT
(NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (d) $0.982 $0.878 $1.000
----------------------------
Accumulation Unit Value at
end of period $0.929 $0.982 $0.878
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 174 105 33
----------------------------
HARTFORD DIVIDEND & GROWTH
HLS FUND SUB-ACCOUNT
(QUALIFIED)
Accumulation Unit Value at
beginning of period (d) $0.982 $0.878 $1.000
----------------------------
Accumulation Unit Value at
end of period $0.929 $0.982 $0.878
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 254 127 34
----------------------------
HARTFORD INTERNATIONAL
ADVISERS HLS FUND
SUB-ACCOUNT (NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (e) -- -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- -- --
----------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
YEAR ENDED DECEMBER 31,
-----------------------------------------------------------------------------------------
WITHOUT WITH THE
THE OPTIONAL
OPTIONAL DEATH
DEATH BENEFIT
BENEFIT (UNAUDITED)
1999 1999 1998 1997 1996 1995 1994 1993
<S> <C> <C> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------
HARTFORD INTERNATIONAL
ADVISERS HLS FUND
SUB-ACCOUNT (QUALIFIED)
Accumulation Unit Value at
beginning of period (e) $1.491 $1.620 $1.328 $1.271 $1.149 $1.000 -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $1.818 $1.817 $1.491 $1.328 $1.271 $1.149 -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 12 -- 23 37 19 10 -- --
-----------------------------------------------------------------------------------------------------------------------
HARTFORD INDEX HLS FUND
SUB-ACCOUNT (NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (b) $1.867 $1.946 $1.472 $1.121 $1.000 -- -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.227 $2.226 $1.867 $1.472 $1.121 -- -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 706 -- 570 557 106 -- -- --
-----------------------------------------------------------------------------------------------------------------------
HARTFORD INDEX HLS FUND
SUB-ACCOUNT (QUALIFIED)
Accumulation Unit Value at
beginning of period (b) $1.867 $1.946 $1.472 $1.121 $1.000 -- -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.227 $2.226 $1.867 $1.472 $1.121 -- -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 181 -- 146 103 39 -- -- --
-----------------------------------------------------------------------------------------------------------------------
HARTFORD SMALL COMPANY HLS
FUND SUB-ACCOUNT
(NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (f) $1.382 $1.664 $1.251 $1.067 $1.000 -- -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.270 $2.269 $1.382 $1.251 $1.067 -- -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 2,534 -- 3,670 377 110 -- -- --
-----------------------------------------------------------------------------------------------------------------------
HARTFORD SMALL COMPANY HLS
FUND SUB-ACCOUNT
(QUALIFIED)
Accumulation Unit Value at
beginning of period (f) $1.382 $1.664 $1.251 $1.067 -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.270 $2.269 $1.382 $1.251 $1.067 -- -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 228 -- 228 100 10 -- -- --
-----------------------------------------------------------------------------------------------------------------------
HARTFORD MIDCAP HLS FUND
SUB-ACCOUNT (NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (g) $1.376 $1.601 $1.098 $1.000 -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.068 $2.067 $1.376 $1.098 -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 4,561 -- 243 34 -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
HARTFORD MIDCAP HLS FUND
SUB-ACCOUNT (QUALIFIED)
Accumulation Unit Value at
beginning of period (g) $1.376 $1.601 $1.098 $1.000 -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $2.068 $2.067 $1.376 $1.098 -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 276 -- 90 12 -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
HARTFORD GROWTH AND INCOME
HLS FUND SUB-ACCOUNT
(NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (h) $1.184 $1.233 $1.000 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $1.428 $1.427 $1.184 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 94 -- 10 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
<CAPTION>
YEAR ENDED DECEMBER 31,
------------------------------
1992 1991 1990
<S> <C> <C> <C>
----------------------------
HARTFORD INTERNATIONAL
ADVISERS HLS FUND
SUB-ACCOUNT (QUALIFIED)
Accumulation Unit Value at
beginning of period (e) --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- -- --
----------------------------
HARTFORD INDEX HLS FUND
SUB-ACCOUNT (NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (b) -- -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- -- --
----------------------------
HARTFORD INDEX HLS FUND
SUB-ACCOUNT (QUALIFIED)
Accumulation Unit Value at
beginning of period (b) -- -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- -- --
----------------------------
HARTFORD SMALL COMPANY HLS
FUND SUB-ACCOUNT
(NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (f) -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) --
----------------------------
HARTFORD SMALL COMPANY HLS
FUND SUB-ACCOUNT
(QUALIFIED)
Accumulation Unit Value at
beginning of period (f) -- -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- -- --
----------------------------
HARTFORD MIDCAP HLS FUND
SUB-ACCOUNT (NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (g) -- -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- -- --
----------------------------
HARTFORD MIDCAP HLS FUND
SUB-ACCOUNT (QUALIFIED)
Accumulation Unit Value at
beginning of period (g) -- -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- -- --
----------------------------
HARTFORD GROWTH AND INCOME
HLS FUND SUB-ACCOUNT
(NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (h) -- -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- -- --
----------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
YEAR ENDED DECEMBER 31,
-----------------------------------------------------------------------------------------
WITHOUT WITH THE
THE OPTIONAL
OPTIONAL DEATH
DEATH BENEFIT
BENEFIT (UNAUDITED)
1999 1999 1998 1997 1996 1995 1994 1993
<S> <C> <C> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------
HARTFORD GROWTH AND INCOME
HLS FUND SUB-ACCOUNT
(QUALIFIED)
Accumulation Unit Value at
beginning of period (h) $1.184 $1.233 $1.000 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $1.428 $1.427 $1.184 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 297 -- 181 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
HARTFORD GLOBAL LEADERS HLS
FUND SUB-ACCOUNT
(NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (i) $1.316 $1.514 $1.000 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $1.958 $1.958 $1.316 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 133 -- 10 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
HARTFORD GLOBAL LEADERS HLS
FUND SUB-ACCOUNT
(QUALIFIED)
Accumulation Unit Value at
beginning of period (i) $1.316 $1.514 $1.000 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $1.958 $1.958 $1.316 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 31 -- 10 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
HARTFORD HIGH YIELD HLS FUND
SUB-ACCOUNT (NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (i) $1.036 $1.053 $1.000 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $1.073 $1.073 $1.036 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 29 -- 10 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
HARTFORD HIGH YIELD HLS FUND
SUB-ACCOUNT (QUALIFIED)
Accumulation Unit Value at
beginning of period (i) $1.036 $1.053 $1.000 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
Accumulation Unit Value at
end of period $1.073 $1.073 $1.036 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) 10 -- 16 -- -- -- -- --
-----------------------------------------------------------------------------------------------------------------------
<CAPTION>
YEAR ENDED DECEMBER 31,
------------------------------
1992 1991 1990
<S> <C> <C> <C>
----------------------------
HARTFORD GROWTH AND INCOME
HLS FUND SUB-ACCOUNT
(QUALIFIED)
Accumulation Unit Value at
beginning of period (h) -- -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- -- --
----------------------------
HARTFORD GLOBAL LEADERS HLS
FUND SUB-ACCOUNT
(NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (i) -- -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- -- --
----------------------------
HARTFORD GLOBAL LEADERS HLS
FUND SUB-ACCOUNT
(QUALIFIED)
Accumulation Unit Value at
beginning of period (i) -- -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- -- --
----------------------------
HARTFORD HIGH YIELD HLS FUND
SUB-ACCOUNT (NON-QUALIFIED)
Accumulation Unit Value at
beginning of period (i) -- -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- -- --
----------------------------
HARTFORD HIGH YIELD HLS FUND
SUB-ACCOUNT (QUALIFIED)
Accumulation Unit Value at
beginning of period (i) -- -- --
----------------------------
Accumulation Unit Value at
end of period -- -- --
-----------------------------------------------------------------------------------------------------------------------
----------------------------
Number Accumulation Units
outstanding at end of
period (in thousands) -- --
----------------------------
</TABLE>
(a) Inception date August 1, 1986.
(b) Inception date May 1, 1987.
(c) Inception date July 2, 1990.
(d) Inception date March 8, 1994.
(e) Inception date March 1, 1995.
(f) Inception date August 9, 1996.
(g) Inception date July 15, 1997.
(h) Inception date June 1, 1998.
(i) Inception date September 30, 1998.
HV-2741
33-19945
