<PAGE>
GROUP VARIABLE ANNUITY CONTRACTS
HARTFORD LIFE INSURANCE COMPANY
SUPPLEMENT DATED OCTOBER 3, 1997 TO THE PROSPECTUS EFFECTIVE MAY 1, 1997
FOR GROUP VARIABLE ANNUITY CONTRACTS ISSUED WITH RESPECT TO SEPARATE ACCOUNTS
DC-I AND DC-II
The "Fee Table Summary" in the Prospectus should be deleted and replaced with
the following:
FEE TABLE
SUMMARY
CONTRACT OWNER TRANSACTION EXPENSES
(ALL SUB-ACCOUNTS)
<TABLE>
<S> <C>
Sales Load Imposed on Purchases (as a percentage of premium payments).............. None
Transfer Fee....................................................................... $ 5
Contingent Deferred Sales Charge (as a percentage of amounts withdrawn) (1)........
First through Tenth Year (2)..................................................... 6%
Tenth through Twelfth Year....................................................... 5%
Twelfth Year..................................................................... 4%
Thirteenth Year.................................................................. 3%
Fourteenth Year.................................................................. 2%
Fifteenth Year................................................................... 1%
Sixteenth Year................................................................... 0%
Annual Contract Fee (3)............................................................ $ 18
Annual Expenses -- Separate Account
(as a percentage of average account value)
Mortality and Expense Risk (DC I)................................................ 0.900%
Mortality and Expense Risk (DC II)............................................... 1.250%
</TABLE>
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(1) This contingent deferred sales charge structure may not yet be available in
some states. To learn about the contingent deferred sales charges applicable
in these states, see "Charges Under the Contract -- How are the charges
under these contracts made?"
(2) Length of time from contribution.
(3) The annual contract fee is a single $18 change on a Contract. It is deducted
proportionally from the investment options in use at the time of the charge.
Pursuant to requirements of the 1940 Act, the policy fees has been reflected
in the Examples by a method intended to show the "average" impact of the
policy fee on an investment in the Separate Account. In the Example, the
annual contract fee is approximately as a 0.06% annual asset charge based on
the experience of the Contracts.
The Transfer Fee, Contingent Deferred Sales Charge, Annual Contract Fee and
Mortality and Expenses Risk charge may be reduced or eliminated. See "Experience
of Contracts" on page .
The section titled "C. Contingent Deferred Sales Charges" should be deleted and
replaced with the following:
No deduction for sales expenses is made at the time of allocation of
Contributions to the contracts. Hartford charges a contingent deferred sales
charge that begins to phase out after the 12th Participation Contract Year.
During the first 10 Participation Contract Years, a maximum deduction of 6%
will be made against the full amount of any such surrender. Thereafter, if a
surrender occurs between the 10th and 12 Participant Contract Years, a 5%
contingent deferred sales charge will be made against the full amount of
such surrender. After the 12th Participant Contract Year, the 5% charge will
be reduced by 1% each subsequent year until the charge is eliminated.
<PAGE>
In some states, the contingent sales charges noted above may not yet be
available. In these states, Hartford will deduct a maximum of 7% against the
full amount of any surrender made during the first six Participant Contract
Years. During the next six years thereof, a maximum deduction of 5% will be
made against the full amount of any such surrender. Such charges will in no
event ever exceed 8.50% when applied as a percentage against the sum of all
Contributions to a Participant's individual Account. The amount or term of
the contingent deferred sales charge may be reduced (See "Charges Under the
Contract -- Experience Rating of Contracts," page 26).
No deduction for contingent deferred sales charges will be made in certain
cases. (See "Is there ever a time when the sales charges do not apply?"
commencing on page 25.)
Hartford reserves the right to limit any increase in the Contributions made
to a Participant's Individual Account under any contract to no more than
three times the total Contributions made on behalf of such Participant
during the initial 12 consecutive months following the Date of Coverage.
Increases in excess of those described will be accepted only with the
consent of Hartford and subject to the then current deductions being made
under the contracts.
The following paragraphs should be added after the first paragraph under the
section titled "How are the charges under these contracts made?"
No deduction for sales expense is made at the time of allocation of
Contributions to the contracts. Hartford charges a contingent deferred sales
charge that begins to phase out after the 12th Participation Contract Year.
During the first 10 Participation Contract Years, a maximum deduction of 6%
will be made against the full amount of any such surrender. Thereafter, if a
surrender occurs between the 10th and 12th Participant Contract Years, a 5%
contingent deferred sales charge will be made against the full amount of
such surrender. After the 12th Participant Contract Year, the 5% charge will
be reduced by 1% each subsequent year until the charge is eliminated.
In some states, the contingent sales charges noted above may not yet be
available. In these states, Hartford will deduct a maximum of 7% against the
full amount of any surrender made during the first six Participant Contract
Years. During the next six years thereof, a maximum deduction of 5% will be
made against the full amount of any such surrender. Such charges will in no
event ever exceed 8.50% when applied as a percentage against the sum of all
Contributions to a Participant's individual Account. The amount or term of
the contingent deferred sales charge may be reduced (See "Charges Under the
Contract -- Experience Rating of Contracts," page 26).
In the case of a redemption in which you request a certain dollar amount be
withdrawn, the sales charge is deducted from the amount withdrawn and the
balance is paid to you. Example: You request a total withdrawal, your
account value is $1,000 and the applicable sales load is 5%. Your Sub-
Account(s) will be surrendered and you will receive $950 (i.e., the $1,000
total withdrawal less the 5% sales charge). This is the method applicable on
a full surrender of your contract. In the case of a partial redemption in
which you request to receive a specified amount, the sales charge will be
calculated on the total amount that must be withdrawn from your
Sub-Account(s) in order to provide you with the amount requested. Example:
You request to receive $1,000 and the applicable sales load is 5%. Your
Sub-Account(s) will be reduced by $1,052 (i.e., a total withdrawal of
$1,052.63 which results in a $52.63 sales charge ($1,052.63 X 5%) and a net
amount paid to you of $1,000 as requested).
Hartford reserves the right to limit any increase in the Contributions made
to a Participant's Individual Account under any contract to no more than
three times the total Contributions made on behalf of such Participant
during the initial 12 consecutive months following the Date of Coverage.
Increases in excess of those described will be accepted only with the
consent of Hartford and subject to the then current deductions being made
under the contracts.
HV-2196-0
33-19946
