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THE DIRECTOR VARIABLE ANNUITY
HARTFORD LIFE INSURANCE COMPANY
SUPPLEMENT DATED OCTOBER 28, 1997 TO THE PROSPECTUS DATED MAY 1, 1997
FOR THE DIRECTOR VARIABLE ANNUITY
The following language should be added after the last paragraph of the Section
entitled "What is the Fixed Account and how does it operate?":
From time to time, Hartford may credit increased interest rates to Contract
Owners under certain programs established at the discretion of Hartford.
Effective October 28, 1997, Contract Owners may enroll in a special
preauthorized transfer program known as Hartford's Dollar Cost Averaging Bonus
Program (the "Program"). Under this Program, Contract Owners who enroll may
allocate a minimum of $5,000 of their Premium Payment into the Program and
preauthorize between 3 and 12 monthly transfers to any of the Sub-Accounts.
Contract Owners enrolled in the Program will receive an increased interest rate
guaranteed for a 12 month period.
The preauthorized transfers will begin on or about 15 days following receipt of
an initial Program Premium Payment. That Premium Payment plus any subsequent
Premium Payments and any accrued interest will be completely transferred into
the Sub-Accounts within twelve months of receipt of the initial Program Premium
Payment. This will be accomplished by equal monthly transfers for the period
selected, and a final transfer of the entire amount remaining in the Program.
Any subsequent Premium Payments received by Hartford within the period selected
for transfer will be allocated to the Sub-Accounts over the remainder of the
transfer period. If, while the Program is still in effect but the transfer
period has expired, a subsequent Premium Payment of $5,000 is received by
Hartford, a new Program cycle will be initiated. Unless instructed otherwise,
Hartford will allocate that Premium Payment in the same number of transfers and
into the same Sub-Accounts as the previous election. If, while the Program is
still in effect but the transfer period has expired, a subsequent Premium
Payment of less than $5,000 is received by Hartford, the entire amount will be
credited with the non-Program interest rate then in effect for the Fixed
Account.
If complete Program enrollment instructions are not received by Hartford within
15 days of receipt of the initial Program Premium Payment, the Program will be
voided and the entire balance in the Program will be credited with the
non-Program interest rate then in effect for the Fixed Account.
The Contract Owner may elect to terminate the preauthorized transfers by calling
or writing Hartford of their intent to cancel their enrollment in the Program.
Upon cancellation of enrollment in the Program the Contract Owner will no longer
receive the increased interest rate. Hartford reserves the right to
discontinue, modify or amend the Program or any other interest rate program
established by Hartford. Any change to the Program will not affect Contract
Owners currently enrolled in the Program.
HV-2179
33-6952
