HARTFORD LIFE INSURANCE COMPANY SEPARATE ACCOUNT TWO
497, 1995-10-30
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                      THE DIRECTOR VARIABLE ANNUITY
                     HARTFORD LIFE INSURANCE COMPANY



    SUPPLEMENT DATED OCTOBER 20, 1995 TO THE DIRECTOR VARIABLE ANNUITY
                     PROSPECTUS DATED MAY 1, 1995



The subsection entitled "What is HL?" should read as follows:


What is HL?

    Hartford Life Insurance Company ("HL") was originally incorporated under
    the laws of Massachusetts on June 5, 1902. It was subsequently redomiciled
    to Connecticut. It is a stock life insurance company engaged in the
    business of writing health and life insurance, both ordinary and group,
    in all states of the United States and the District of Columbia. The
    offices of HL are located in Simsbury, Connecticut; however, its mailing
    address is P.O. Box 5085, Hartford, CT 06102-5085. Hartford Life is
    ultimately 100% owned by Hartford Fire Insurance Company, one of the
    largest multiple lines insurance carriers in the United States. Hartford
    Fire Insurance Company is a subsidiary of ITT Corporation. Hartford Life
    Insurance Company is rated A+ (superior) by A.M. Best and Company, Inc. on
    the basis of its financial soundness and operating performance. Hartford
    Life Insurance Company has an AA+ rating from both Standard and Poor's
    and Duff and Phelps on the basis of its claims-paying ability.

    These ratings do not apply to the performance of the Separate Account.
    However, the Contractual obligations under the variable annuity are the
    general corporate obligations of Hartford Life. These ratings do apply to
    Hartford Life's ability to meet its insurance obligations under the
    Contract.


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