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THE DIRECTOR VARIABLE ANNUITY
HARTFORD LIFE INSURANCE COMPANY
SUPPLEMENT DATED FEBRUARY 13, 1998 TO THE PROSPECTUS DATED MAY 1, 1997
FOR THE DIRECTOR VARIABLE ANNUITY
The last 5 paragraphs of the Section entitled "The Fixed Account" are deleted
and replaced with the following language:
From time to time, Hartford may credit increased interest rates to
Contract Owners under certain programs established at the discretion of
Hartford. Effective February 25, 1998, Contract Owners may enroll in a
special pre-authorized 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 (Hartford may allow a lower minimum Premium Payment for qualified
plan transfers or rollovers, including IRAs) and pre-authorize transfers to
any of the Sub-Accounts under either the 6 Month Transfer Program or 12 Month
Transfer Program. The 6 Month Transfer Program and the 12 Month Transfer
Program will generally have different credited interest rates. Under the 6
Month Transfer Program, the interest rate can accrue up to 6 months and all
Premium Payments and accrued interest must be transferred to the selected
Sub-Accounts in 3 to 6 months. Under the 12 Month Transfer Program, the
interest rate can accrue up to 12 months and all Premium Payments and accrued
interest must be transferred to the selected Sub-Accounts in 7 to 12 months.
This will be accomplished by monthly transfers for the period selected and a
final transfer of the entire amount remaining in the Program.
The pre-authorized transfers will begin within 15 days after the initial
Program Premium Payment and complete enrollment instructions are received by
Hartford. 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.
Any subsequent Premium Payments received by Hartford within the Program
period selected will be allocated to the Sub-Accounts over the remainder of
that Program transfer period, unless otherwise directed by the Contract Owner.
A Contract Owner may only have one dollar cost averaging program in place
at one time, this means one standard dollar cost averaging plan or one Dollar
Cost Averaging Bonus Program.
Contract Owners may elect to terminate the pre-authorized transfers by
calling or writing Hartford of their intent to cancel their enrollment in the
Program. Upon cancellation of enrollment in the Program, Contract Owners 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. This Program may not be
available in all states; please contact Hartford to determine if it is
available in your state.
HV-2222
33-73570
