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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 24f-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24f-2
READ INSTRUCTIONS AT END OF FORM BEFORE PREPARING FORM.
PLEASE PRINT OR TYPE.
______________________________________________________________________________
1. Name and address of issuer:
HARTFORD LIFE INSURANCE COMPANY
SEPARATE ACCOUNT TWO
P.O. Box 2999
Hartford, CT 06104-2999
______________________________________________________________________________
2. Name of each series or class of funds for which this notice is filed:
______________________________________________________________________________
3. Investment Company Act File Number: 811-4372
Securities Act File Number: 33-73570
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4. Last day of fiscal year for which this notice is filed:
December 31, 1996
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5. Check box if this notice is being filed more than 180 days after the close
of the issuer's fiscal year for purposes of reporting securities sold
after the close of the fiscal year but before termination of the issuer's
24f-2 declaration:
N/A / /
______________________________________________________________________________
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see instruction A.6):
N/A
_______________________________________________________________________________
7. Number and amount of securities of the same class or series which had been
registered under the Securities Act of 1933 other than pursuant to rule
24f-2 in a prior fiscal year, but which remained unsold at the beginning
of the fiscal year:
N/A
______________________________________________________________________________
8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
N/A
______________________________________________________________________________
9. Number and aggregate sale price of securities sold during the fiscal year:
2,819,566,603 / 6,918,958,199
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______________________________________________________________________________
10. Number and aggregate sale price of securities sold during the fiscal
year:
2,819,566,603 / 6,918,958,199
______________________________________________________________________________
11. Number and aggregate sale price of securities issued during the fiscal
year in connection with dividend reinvestment plans, if applicable (see
instruction B.7):
N/A
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12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during $6,918,958,199
the fiscal year in reliance on rule 24f-2 ___________________
(from Item 10):
(ii) Aggregate price of shares issued in connection +
with dividend reinvestment plans (from Item 11, ___________________
if applicable):
(iii) Aggregate price of shares redeemed or repurchased - $5,989,985,725
during the fiscal year (if applicable): ___________________
(iv) Aggregate price of shares redeemed or repurchased
and previously applied as a reduction to filing +
fees pursuant to rule 24e-2 (if applicable): ___________________
(v) Net aggregate price of securities sold and issued
during the fiscal year in reliance on rule 24f-2 $928,972,474
line (i), plus line (ii), less line (iii), plus ___________________
line (iv) (if applicable):
(vi) Multiplier prescribed by Section 8(b) of the x 1/3300
Securities Act of 1933 or other applicable law or ___________________
regulation (see instruction C.8):
(vii) Fee due (line (i) or line (v) multiplied by = $281,506.81
line (vi)):
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INSTRUCTION: ISSUERS SHOULD COMPLETE LINES (ii), (iii), (iv), AND (v) ONLY IF
THE FORM IS BEING FILED WITHIN 60 DAYS AFTER THE CLOSE OF THE
ISSUER'S FISCAL YEAR. See Instruction C.3.
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13. Check box if fees are being remitted to the Commission's lockbox
depository as described in Section 3a of the Commission's Rules of
Informal and Other Procedures (17 CFR 202.3a).
/X/
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:
February 21, 1997
_______________________________________________________________________________
SIGNATURES
This report has been signed below by the following persons on behalf of
the issuer and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ Greg Bubnash
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Greg Bubnash
Assistant Director
Date February 10, 1997
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*Please print the name and title of the signing officer below the signature.
_______________________________________________________________________________
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February 19, 1997
Hartford Life Insurance Company
P.O. Box 5085
Hartford, CT 06102-5085
RE: Rule 24f-2 Notice with respect to Securities Act of 1933 Registration
Statements of Hartford Life Insurance Company -Separate Account Two
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To Whom it May Concern:
I serve as counsel to Hartford Life Insurance Company and the above referenced
Separate Account. This Separate Account currently has seven Registration
Statements under the Securities Act of 1933 ("Securities Act") in effect that
were filed with the Securities and Exchange Commission to register units of
interest issued to Contract Owners to evidence the investment of their Contract
premium payments in shares of the Calvert Responsibly Invested Balanced
Portfolio of Acacia Capital Corporation, Smith Barney Daily Dividend Fund, Inc.,
Smith Barney Appreciation Fund, Inc., Smith Barney Government and Agencies Fund,
Inc., TCI Advantage Fund, Inc., TCI Growth Fund, Inc., Fidelity Variable
Insurance Products Overseas Fund, Inc., Fidelity Variable Insurance Products II
Asset Manager Fund, Inc., Fidelity Variable Insurance Products II Contrafund,
Inc., Fidelity Variable Insurance Products Growth Fund, Hartford Bond Fund,
Inc., Hartford Stock Fund, Inc., HVA Money Market Fund, Inc., Hartford Advisers
Fund, Inc., Hartford U.S. Government Money Market Fund, Inc., Hartford Capital
Appreciation Fund, Inc., Hartford Mortgage Securities Fund, Inc., Hartford Index
Fund, Inc., Hartford International Opportunities Fund, Inc., Hartford Dividend
and Growth Fund, Inc., Hartford Small Company Fund, Inc. and Hartford
International Advisers Fund, Inc. ("Funds"). The units of interest represent
undivided interests in the Funds shares so acquired. The Securities Act
Registration Statements, which have been declared effective, recited the
election of the Separate Account to register an indefinite number of units of
interest pursuant to Rule 24f-2.
In acting as counsel, I have made an examination of law and examined such
records and documents as I have deemed necessary to render the following
opinion. It is my opinion that the units of interest issued between January 1,
1996 and December 31, 1996 were legally issued and the rights created thereby
are fully enforceable.
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Page Two: Rule 24f-2 Notice with respect to Securities Act of 1933 Registration
Statements of Hartford Life Insurance Company -Separate Account Two
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I hereby consent to this Opinion accompanying the Form 24f-2 Notice to be filed
by and on behalf of this Separate Account for 1996.
Very truly yours,
/S/ Marianne O'Doherty
Marianne O'Doherty
Associate Counsel
