HARTFORD LIFE INS CO PUTMAN CAPITAL MGR TR SEPARATE ACCOUNT
497, 1995-03-31
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               PUTNAM CAPITAL MANAGER TRUST SEPARATE ACCOUNT TWO
                        HARTFORD LIFE INSURANCE COMPANY

      SUPPLEMENT DATED MARCH 21, 1995 TO PUTNAM CAPITAL MANAGER PROSPECTUS
                               DATED MAY 1, 1994

The subsection entitled "THE COMPANY" should read as follows:

                                  THE COMPANY

    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
    2999, Hartford, CT 06104-2999. HL 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 has an A++ (superior) rating from A.M. Best
    and Company, Inc. HL has an AA+  rating from Standard & Poor's and Duff  and
    Phelps highest rating (AAA) 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  this variable  annuity are  the
    general  corporate obligations of HL. These ratings do apply to HL's ability
    to meet its insurance obligations under the Contract.


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