SEPARATE ACCOUNT VL I OF HARTFORD LIFE INSURANCE CO, 497, 1997-01-08

SEPARATE ACCOUNT VL I OF HARTFORD LIFE INSURANCE CO
497, 1997-01-08

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STAG VARIABLE LIFE ARTISAN
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE
POLICY
HARTFORD LIFE INSURANCE COMPANY
P.O. BOX 2999
HARTFORD, CONNECTICUT 06104-2999
[LOGO] TELEPHONE: 800-231-5453

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This Prospectus describes a flexible premium variable life insurance policy (the
"Policy") offered by Hartford Life Insurance Company ("Hartford Life") to
applicants generally between ages 0 and 80. The Policy allows considerable
flexibility in selecting the timing and amount of premium payments for the
chosen amount of Death Benefit.

The Policy provides for a Death Benefit payable at the death of the Insured. The
Policy Owner may select one of three Death Benefit Options; a level amount equal
to the Face Amount ("Option A"), a variable amount equal to the Face Amount plus
the Account Value ("Option B"), or an increasing amount equal to the Face Amount
plus a return of premium ("Option C"). The required minimum initial Face Amount
is generally $25,000.

Under all three options, the Policy has Account Values which increase with the
payment of each premium and which decrease to reflect fees and charges made by
Hartford Life. These fees and charges vary depending on such factors as the Face
Amount, the age of the Insured and the level of the premium paid. The Account
Value of a Policy will fluctuate to reflect the investment experience of the
Funds to which the premium payment(s) has been allocated. The Policy Owner bears
the investment risk for all amounts so allocated.

If a Policy is surrendered during the first two Policy Years, the Cash Surrender
Value may be adjusted upward to reflect a reduced Surrender Charge.

There is no guaranteed minimum Account Value for a Policy. However, if the Death
Benefit guarantee is in effect (see "Death Benefit" on page 12), the Policy will
not lapse due to poor investment performance.

The initial premium will be allocated to Hartford Money Market Sub-Account and
after the Right to Examine Period has expired, to one or more of the
Sub-Accounts or to the Fixed Account as specified in the Policy Owner's
application. The Funds underlying the Sub-Accounts presently are: Hartford
Advisers Fund, Inc., Hartford Bond Fund, Inc., Hartford Capital Appreciation
Fund, Inc., Hartford Dividend and Growth Fund, Inc., Hartford Index Fund, Inc.,
Hartford International Opportunities Fund, Inc., Hartford Mortgage Securities
Fund, Inc., Hartford Stock Fund, Inc., and HVA Money Market Fund, Inc. managed
by Hartford Investment Management Company (the "Hartford Funds"); PCM
Diversified Income Fund, PCM Global Asset Allocation Fund, PCM Global Growth
Fund, PCM Growth and Income Fund, PCM High Yield Fund, PCM Money Market Fund,
PCM New Opportunities Fund, PCM U.S. Government and High Quality Bond Fund, PCM
Utilities Growth and Income Fund, and PCM Voyager Fund, managed by Putnam
Investment Management, Inc. (the "Putnam Funds"); and the Equity-Income
Portfolio, Overseas Portfolio and Asset Manager Portfolio (the "Fidelity Funds")
managed by Fidelity Management & Research Company.

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IT MAY NOT BE ADVANTAGEOUS TO PURCHASE FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE
AS A REPLACEMENT FOR YOUR CURRENT LIFE INSURANCE OR IF YOU ALREADY OWN A
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE POLICY.
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THIS PROSPECTUS IS VALID ONLY IF ACCOMPANIED BY THE CURRENT PROSPECTUSES OF THE
APPLICABLE ELIGIBLE FUNDS WHICH CONTAIN A FULL DESCRIPTION OF THOSE FUNDS. ALL
PROSPECTUSES SHOULD BE READ AND RETAINED FOR FUTURE REFERENCE.
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THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES
AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE
ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE
CONTRARY IS A CRIMINAL OFFENSE.
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THE DATE OF THIS PROSPECTUS IS DECEMBER 2, 1996

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2 Hartford Life Insurance Company
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TABLE OF CONTENTS

<TABLE>
<CAPTION>
PAGE
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<S> <C>
SPECIAL TERMS......................................................... 4
SUMMARY............................................................... 6
DETAILED DESCRIPTION OF POLICY BENEFITS AND PROVISIONS................ 9
General............................................................. 9
Premium............................................................. 9
Premium Payment Flexibility....................................... 9
Allocation of Premium Payments.................................... 9
Accumulation Units................................................ 9
Accumulation Unit Values.......................................... 9
Premium Limitation................................................ 10
Account Values...................................................... 10
Amount Payable on Surrender of the Policy......................... 10
Sales Load Refund................................................. 10
Withdrawals....................................................... 10
Transfers of Account Value.......................................... 11
Amount and Frequency of Transfers................................. 11
Transfers to or from Sub-Accounts................................. 11
Transfers from the Fixed Account.................................. 11
Policy Loans........................................................ 11
Preferred Loan.................................................... 11
Loan Interest..................................................... 12
Credited Interest................................................. 12
Loan Repayments................................................... 12
Termination Due to Excessive Indebtedness......................... 12
Effect of Loans on Account Value.................................. 12
Death Benefit....................................................... 12
Death Benefit Options............................................. 12
Option Change..................................................... 12
Death Benefit Guarantee........................................... 12
Minimum Death Benefit............................................. 13
Increases and Decreases in Face Amount............................ 13
Benefits at Maturity................................................ 13
Lapse and Reinstatement............................................. 13
Policy Lapse and Grace Period..................................... 13
Death Benefit Guarantee Default and Grace Period.................. 14
Reinstatement..................................................... 14
The Right to Examine or Exchange the Policy......................... 14
Withdrawals......................................................... 14
Administrative Expense Surrender Charge........................... 14
Sales Surrender Charge............................................ 15
Valuation of Payments and Transfers................................. 15
Application for a Policy............................................ 15
Reduced Charges for Eligible Groups................................. 15
Deductions from the Premium......................................... 16
Premium Tax Charge and Federal Tax Charge......................... 16
Front End Sales Load.............................................. 16
Examples of Front End Sales Loads/Impact of Refund of Sales
Load............................................................. 16
Deductions and Charges from the Account Value....................... 17
Monthly Deduction Amounts......................................... 17
Charges Against the Funds......................................... 18
Taxes............................................................. 20
THE COMPANY........................................................... 20
</TABLE>

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HARTFORD LIFE INSURANCE COMPANY 3
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<TABLE>
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SEPARATE ACCOUNT VL I................................................. 20
General............................................................. 20
Funds............................................................... 20
Hartford Funds.................................................... 21
Putnam Funds...................................................... 21
Fidelity's Variable Insurance Products Funds...................... 22
Investment Adviser................................................ 23
Hartford Funds.................................................... 23
Putnam Funds...................................................... 23
Fidelity's Variable Insurance Products Funds...................... 23
THE FIXED ACCOUNT..................................................... 24
OTHER MATTERS......................................................... 24
Voting Rights....................................................... 24
Statements to Policy Owners......................................... 25
Limit on Right to Contest........................................... 25
Misstatement as to Age.............................................. 25
Payment Options..................................................... 25
Beneficiary......................................................... 25
Assignment.......................................................... 25
Dividends........................................................... 25
SUPPLEMENTAL BENEFITS................................................. 25
Maturity Date Extension Rider....................................... 26
Term Insurance Rider................................................ 26
Deduction Amount Waiver Rider....................................... 26
Waiver of Specified Amount Disability Benefit Rider................. 26
Accidental Death Benefit Rider...................................... 26
EXECUTIVE OFFICERS AND DIRECTORS...................................... 26
DISTRIBUTION OF THE POLICY............................................ 28
SAFEKEEPING OF SEPARATE ACCOUNT VL I'S ASSETS......................... 28
FEDERAL TAX CONSIDERATIONS............................................ 28
General............................................................. 28
Taxation of Hartford Life and the Separate Account.................. 28
Income Taxation of Policy Benefits.................................. 28
Modified Endowment Contracts........................................ 29
Estate and Generation Skipping Taxes................................ 29
Diversification Requirements........................................ 29
Ownership of Assets in the Separate Account......................... 30
Life Insurance Purchased for Use in Split Dollar Arrangements....... 30
Federal Income Tax Withholding...................................... 30
Non-Individual Ownership of Policies................................ 30
Other Tax Considerations............................................ 30
Life Insurance Purchases by Nonresident Aliens and Foreign
Corporations....................................................... 30
LEGAL PROCEEDINGS..................................................... 31
LEGAL MATTERS......................................................... 31
EXPERTS............................................................... 31
REGISTRATION STATEMENT................................................ 31
APPENDIX A -- ILLUSTRATION OF DEATH BENEFITS, ACCOUNT VALUES AND CASH
SURRENDER VALUES.................................................... 32
FINANCIAL STATEMENTS.................................................. 42
</TABLE>

THE POLICY MAY NOT BE AVAILABLE IN ALL STATES.

THIS PROSPECTUS DOES NOT CONSTITUTE AN OFFERING IN ANY JURISDICTION IN WHICH
SUCH OFFERING MAY NOT BE LAWFULLY MADE. NO DEALER OR OTHER PERSON IS AUTHORIZED
TO GIVE ANY INFORMATION OR MAKE ANY REPRESENTATIONS IN CONNECTION WITH THIS
OFFERING OTHER THAN THOSE CONTAINED IN THIS PROSPECTUS AND, IF GIVEN OR MADE,
SUCH OTHER INFORMATION OR REPRESENTATIONS MUST NOT BE RELIED ON.
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4 Hartford Life Insurance Company
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SPECIAL TERMS

As used in this Prospectus, the following terms have the indicated meanings:

ACCOUNT VALUE: An amount used to determine certain Policy benefits and charges
equal to the total of all amounts in the Fixed Account, the Loan Account and the
Sub-Accounts.

ACCUMULATION UNIT: An accounting unit of measure used to calculate the value of
a Sub-Account.

CASH SURRENDER VALUE: The Cash Value less all Indebtedness.

CASH VALUE: The Account Value less any applicable Surrender Charges.

CODE: The Internal Revenue Code of 1986, as amended.

COST OF INSURANCE: An amount deducted as part of the Monthly Deduction Amount to
help cover Hartford Life's anticipated mortality costs and other expenses.

CUMULATIVE DEATH BENEFIT GUARANTEE PREMIUM: The premium required to maintain the
Death Benefit guarantee.

DATE OF ISSUE: The date from which the Suicide and Incontestability provisions
are measured.

DEATH BENEFIT: On the Policy Date, the Death Benefit equals the Face Amount.
Thereafter, it may change in accordance with the terms of the Death Benefit
Option provision, the Minimum Death Benefit provision, the Death Benefit
Guarantee provision and the Withdrawals provision.

DEATH BENEFIT GUARANTEE PREMIUM: The amount of monthly premium shown in the
Policy's specifications page required to keep the Death Benefit guarantee
available and used to calculate the Cumulative Death Benefit Guarantee Premium.

DEATH BENEFIT OPTION: The Death Benefit Option in effect determines how the
Death Benefit is calculated. The three Death Benefit Options provided are
described in the Death Benefit section of this Prospectus.

DEATH PROCEEDS: The amount which We will pay on the death of the Insured. This
amount equals the Death Benefit less any Indebtedness and less any due and
unpaid Monthly Deduction Amount occurring during a Grace Period.

FACE AMOUNT: On the Policy Date, the Face Amount equals the initial Face Amount.
The Face Amount may be increased or decreased, in accordance with the terms of
the Policy.

FIXED ACCOUNT: Portion of Account Value invested in the General Account of
Hartford Life.

FIXED ACCOUNT MINIMUM CREDITED RATE: The minimum rate credited to amounts
allocated to the Fixed Account.

FUNDS: The registered open-end management investment companies in which assets
of the Separate Account may be invested.

GENERAL ACCOUNT: All assets of Hartford Life other than those allocated to its
separate accounts.

GRACE PERIOD: The 61 day period between the day Your policy goes into default
and the day on which Your policy terminates.

IN WRITING: In a written form satisfactory to Us.

INDEBTEDNESS: All loans taken on the Policy, plus any interest due or accrued
minus any loan repayments.

INSURED: The person on whose life the Policy is issued.

ISSUE AGE: As of the Policy Date, the age of the Insured's on his/her last
birthday.

HARTFORD LIFE: Hartford Life Insurance Company.

LOAN ACCOUNT: An account established for any amounts transferred from the Fixed
Account and Sub-Accounts as a result of loans. Amounts are held as collateral
and are credited with interest at the Fixed Account Minimum Credited Rate.
Amounts are not subject to the investment experience of the Separate Account.

MONTHLY ACTIVITY DATE: The Policy Date and the same date in each succeeding
month as the Policy Date except that, whenever the Monthly Activity Date falls
on a date other than a Valuation Day, the Monthly Activity Date will be deemed
the next Valuation Day.

MONTHLY DEDUCTION AMOUNT: The charges deducted from the Account Value on the
Monthly Activity Date.

NATIONAL SERVICE CENTER: Located in Minneapolis, Minnesota.

NET PREMIUM: The amount of premium credited to the Account Value. It is the
premium paid minus any deductions from premium.

OPTION C LIMIT: The maximum amount that will be returned in addition to the Face
Amount under the Option C (Return of Premium) Death Benefit. See the Policy's
specifications page.

PLANNED PREMIUM: The amount of premium that You intend to pay as indicated on
the application and shown on the Policy's specifications page.

POLICY: A flexible premium variable life insurance policy issued by Hartford
Life, as described in this Prospectus.

POLICY ANNIVERSARY: An anniversary of the Policy Date.

POLICY DATE: The date from which Policy Anniversaries and Policy Years are
determined.

POLICY OWNER: The person having rights to benefits under the Policy during the
lifetime of the Insured; the Policy Owner may or may not be the Insured.

POLICY YEARS: Annual periods computed from the Policy Date.

PREFERRED LOAN: A portion of the Indebtedness on which a lower interest rate is
charged.
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HARTFORD LIFE INSURANCE COMPANY 5
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PRO RATA BASIS: An allocation method based on the proportion of the Account
Value in the Fixed Account and each Sub-Account.

SCHEDULED MATURITY DATE: The date on which the Policy will mature, unless
extended by rider.

SEPARATE ACCOUNT: An account established by Hartford Life to separate the assets
funding the Policy from other assets of Hartford Life; in this case, "Separate
Account VL I."

SUB-ACCOUNT: The subdivisions of the Separate Account.

SURRENDER CHARGE: A charge that may be assessed if the Face Amount is decreased
or You surrender the Policy.

VALUATION DAY: Every day the New York Stock Exchange is open for trading. The
value of the Separate Account is determined at the close of the New York Stock
Exchange (currently 4:00 p.m. Eastern Time) on such days.

VALUATION PERIOD: The period between the close of business on successive
Valuation Days.

YOU, YOUR: The Owner of the Policy.

WE, US, OUR: Hartford Life Insurance Company.
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6 Hartford Life Insurance Company
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SUMMARY
THE POLICY

The flexible premium variable life insurance Policy offered by this
Prospectus is funded by a Fixed Account and Separate Account VL I, a separate
account established by Hartford Life pursuant to Connecticut insurance law and
organized as a unit investment trust registered under the Investment Company Act
of 1940. Separate Account VL I is presently comprised of twenty-two sub-accounts
(the "Sub-Accounts" and each individually a "Sub-Account"), each of which
invests exclusively in one of the underlying Funds. If an initial premium is
submitted with an application for a Policy, it will be allocated to the Hartford
Money Market Sub-Account. At a later date, the values in the Hartford Money
Market Sub-Account will be allocated to one or more of the Sub-Accounts or the
Fixed Account as specified in the Policy Owner's application. This later date is
the latest of: (1) 45 days after the application is signed; (2) 10 days after We
mail or personally deliver a Notice of Withdrawal Right; (3) 10 days after We
receive the premium; and (4) the date We receive the final requirement to put
the Policy in force. The Policy is credited with units ("Accumulation Units") in
each selected Sub-Account, the assets of which are invested in the applicable
Fund. A Policy Owner may transfer the funds among the Sub-Accounts and the Fixed
Account subject to a transfer charge. See "Transfers of Account Value --
Detailed Description of Policy Benefits and Provisions," page 11.

The Policy is first and foremost a life insurance policy with death
benefits, cash values, and other features traditionally associated with life
insurance. The Policy is called "flexible premium" because, once the desired
level and pattern of death benefits have been determined, you have considerable
flexibility in choosing the timing and amount of premium to be paid. The Policy
is called "variable" because, unlike the fixed benefits of an ordinary whole
life insurance policy, the Account Value will, and the Death Benefit may,
increase or decrease depending on the investment experience of the Funds to
which the premium payment(s) has been allocated.
POLICY DESIGN OPTIONS

The Policy is designed to be flexible to give You the ability to select
options that are tailor-made for Your specific life insurance needs.

The Policy design options fall into three major categories:

1. Death Benefit Options -- These allow You to select various levels and
patterns of Death Benefits.

2. Investment Options -- Currently, the Policy offers twenty-two investment
options from which to choose. You can allocate Your Account Value among up
to nine of these options. (Hartford Life reserves the right to increase the
number of allocable investment options to more than nine.) These include the
twenty-two variable Sub-Accounts and, if available in Your state, the Fixed
Account.

3. Premium Options -- You have the flexibility to choose, within limits, the
amount of and frequency of premium payments.

DEATH BENEFIT

The Policy features three Death Benefit Options. The Death Benefit can be
level and equal to the Face Amount ("Option A"), fluctuate and equal the Face
Amount plus Return of Account Value ("Option B") or increase and equal the Face
Amount plus the sum of premium paid, subject to the Option C Limit ("Option C").
At the death of the Insured, We will pay the Death Proceeds to the Beneficiary.
The Death Proceeds equal the Death Benefit less any Indebtedness under the
Policy and less any due and unpaid Monthly Deduction Amount occurring during a
Grace Period. See "Detailed Description of Policy Benefits and Provision --
Death Benefit," page 12.

PREMIUM

You have considerable flexibility as to when and in what amounts You pay
premium. Prior to issue, You choose a Planned Premium, within a range determined
by Hartford Life based on the Face Amount and sex of the Insured (except where
unisex rates apply), Issue Age and risk classification.

The Policy will not lapse as long as the Cash Surrender Value is sufficient
to cover the Monthly Deduction Amounts or the Death Benefit guarantee is
available. See "Lapse and Reinstatement", page 13.

The minimum premium is $50. We reserve the right to refund the excess
premium that would cause the Policy to fail to meet the definition of life
insurance under the Internal Revenue Code of 1986, as amended. We reserve the
right to require evidence of insurability for any premium that results in an
increase in the Death Benefit greater than the amount of the premium. Any
premium in excess of $1,000,000 is subject to Hartford Life's approval.

There are circumstances, usually if a Policy Owner wants to prefund future
benefits in seven years or less, when the Policy may become a Modified Endowment
Contract under federal tax law. If it does, loans and other pre-death
distributions are includable in gross income on an income-first basis. A 10%
penalty tax may be imposed on income
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HARTFORD LIFE INSURANCE COMPANY 7
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distributed before the Policy Owner attains age 59 1/2. You are advised to
consult a qualified tax adviser before taking steps that may affect whether the
Policy becomes a Modified Endowment Contracts. See "Federal Tax Considerations,
Modified Endowment Contracts" for a discussion of the "seven pay test", page 29.

SEPARATE ACCOUNT VL I
Separate Account VL I is a separate account established by Hartford Life
pursuant to the insurance laws of the State of Connecticut and organized as a
registered unit investment trust under the Investment Company Act of 1940.
Separate Account VL I meets the definition of "separate account" under federal
securities law. Separate Account VL I is comprised of Sub-Accounts, each of
which invests exclusively in one of the Funds. Each Hartford Fund is organized
as a corporation under the laws of the State of Maryland and is a diversified
open-end management investment company registered under the Investment Company
Act of 1940. The Putnam Funds are organized as Putnam Capital Manager Trust, a
Massachusetts business trust organized on September 24, 1987, and is an
open-end, series investment company with multiple portfolios or funds registered
under the Investment Company Act of 1940. The Fidelity Funds involve two
diversified open-end management investment companies, each with multiple
portfolios and organized as a Massachusetts business trust. The Equity-Income
Portfolio and Overseas Portfolio are portfolios of the Variable Insurance
Products Fund, organized on November 13, 1981. The Asset Manager Portfolio is a
portfolio of the Variable Insurance Products Fund II, organized on March 21,
1988. Registration under the Investment Company Act of 1940 does not involve
supervision of the management or investment practices or policies by the
Commission. The shares of the Funds are sold to Separate Account VL I and to
other separate accounts of Hartford Life or its affiliates which fund similar
annuity or life insurance products.

Currently, the Funds are Hartford Advisers Fund, Inc., Hartford Bond Fund,
Inc., Hartford Capital Appreciation Fund, Inc., Hartford Dividend and Growth
Fund, Inc., Hartford Index Fund, Inc., Hartford International Opportunities
Fund, Inc., Hartford Mortgage Securities Fund, Inc., Hartford Stock Fund, Inc.,
and HVA Money Market Fund, Inc.; PCM Diversified Income Fund, PCM Global Asset
Allocation Fund, PCM Global Growth Fund, PCM Growth and Income Fund, PCM High
Yield Fund, PCM Money Market Fund, PCM New Opportunities Fund, PCM U.S.
Government and High Quality Bond Fund, PCM Utilities Growth and Income Fund, and
PCM Voyager Fund; and the Equity-Income Portfolio, Overseas Portfolio and Asset
Manager Portfolio. Applicants should read the prospectuses for each of the Funds
accompanying this Prospectus in connection with the purchase of a Policy. The
investment objectives of each of the Funds are as set forth in "Separate Account
VL I," page 20.

The investment adviser for the Hartford Funds is The Hartford Investment
Management Company, a wholly-owned subsidiary of Hartford Life Insurance
Company. The Hartford Investment Management Company retains a sub-investment
adviser with respect to some of the Funds. The Putnam Funds are advised by
Putnam Investment Management, Inc., a subsidiary of Putnam Investments, Inc. The
Fidelity Funds are managed by Fidelity Management & Research Company. See
"Separate Account VL I," page 20.

FIXED ACCOUNT

Premium payments and Account Values allocated to the Fixed Account become
part of the general assets of Hartford Life. Hartford Life invests the assets of
the General Account in accordance with applicable law governing the investments
of insurance company general accounts.
DEDUCTIONS FROM THE PREMIUM

Before allocating the premium to the Account Value, a deduction as a
percentage of premium is made for the premium tax and federal tax charge and
front-end sales load. The amount of each premium allocated to the Account Value
is Your Net Premium.
PREMIUM TAX CHARGE AND FEDERAL TAX CHARGE

We deduct, as a premium tax charge, a percentage of each premium to cover
premium-based taxes assessed against Hartford Life by a state or other
governmental entity. This percentage will vary depending on the tax rates in
effect there and is based on the actual tax imposed. The range is generally
between 0% and 3.5%.

We also deduct a current charge of 1.25% of each premium for federal taxes
imposed under Section 848 of the Code.

FRONT-END SALES LOAD

The front-end sales load is a charge deducted from each premium payment. The
current and maximum front-end sales load for premium is 2.0% in Policy Years 1
through 10. After Policy Year 10, the front-end sales load is currently 0%. We
reserve the right to charge a maximum of 2.0%.

DEDUCTIONS AND CHARGES FROM THE ACCOUNT VALUE

On each Monthly Activity Date, We will subtract the Monthly Deduction Amount
from Your Account Value. This will be taken on a Pro Rata Basis from the Fixed
Account and Sub-Accounts. The Monthly Deduction Amount equals:

1. the Cost of Insurance; plus

2. the Monthly Administrative Charge; plus
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8 HARTFORD LIFE INSURANCE COMPANY
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3. the Mortality and Expense Risk Charge; plus

4. the charges for additional benefits provided by rider, if any.

Hartford Life may also set up a provision for income taxes against the
assets of Separate Account VL I. See "Deductions and Charges from the Account
Value," page 17 and "Federal Tax Considerations," page 28.

Applicants should review the prospectuses for the Funds which accompany this
Prospectus for a description of the charges assessed against the assets of each
of the Funds.

ACCOUNT VALUE

As with many other types of insurance policies, each Policy will have an
Account Value. The Account Value of a Policy will increase to reflect interest
credited to the Fixed Account and Loan Account (when applicable) and any premium
payments. The Account Value of a Policy will decrease to reflect deductions for
the Monthly Deduction Amount and any withdrawals. The Account Value of a Policy
will vary to reflect the investment experience of the underlying Funds. There is
no minimum guaranteed Account Value and the Policy Owner bears the risk of the
investment in the Funds. However, if the Death Benefit guarantee is available,
the Policy will not lapse due to poor investment performance. See "Detailed
Description of the Policy Benefits and Provisions -- Account Values," page 10.

POLICY LOAN

A Policy Owner may obtain a cash loan from Hartford Life. The loan is
secured by the Policy. At the time a loan is requested, the Indebtedness
(including the currently applied for loan) may not exceed the Cash Surrender
Value. See "Detailed Description of Policy Benefits and Provisions -- Policy
Loans," page 11.

CHARGES AGAINST THE FUNDS

Separate Account VL I purchases shares of the Funds at net asset value. The
net asset value of the Fund shares reflects investment advisory fees and
administrative and other expenses already deducted from the assets of the Funds.
These charges are described herein. See "Charges Against the Funds," page 18.

The following table shows total fund operating expenses in 1995 for the
Funds:

<TABLE>
<CAPTION>
TOTAL FUND
MANAGEMENT OTHER OPERATING
FUND NAME FEES EXPENSES EXPENSES
------------------------------ ----------- --------- ----------
<S> <C> <C> <C>
Hartford Advisers Fund........ 0.625 % 0.021 % 0.646 %
Hartford Capital Appreciation
Fund......................... 0.655 % 0.021 % 0.676 %
Hartford Bond Fund............ 0.497 % 0.028 % 0.525 %
Hartford Dividend and Growth
Fund......................... 0.750 % 0.023 % 0.773 %
Hartford Index Fund........... 0.375 % 0.014 % 0.389 %
Hartford International
Opportunities Fund........... 0.713 % 0.147 % 0.860 %
Hartford Mortgage Securities
Fund......................... 0.425 % 0.041 % 0.466 %
Hartford Stock Fund........... 0.455 % 0.020 % 0.475 %
HVA Money Market Fund......... 0.421 % 0.025 % 0.446 %
PCM Diversified Income Fund... 0.70 % 0.15 % 0.85 %
PCM Global Asset Allocation
Fund......................... 0.70 % 0.14 % 0.84 %
PCM Global Growth Fund........ 0.60 % 0.15 % 0.75 %
PCM Growth and Income Fund.... 0.52 % 0.05 % 0.57 %
PCM High Yield Fund........... 0.70 % 0.09 % 0.79 %
PCM Money Market Fund......... 0.45 % 0.12 % 0.57 %
PCM New Opportunities Fund.... 0.70 % 0.14 % 0.84 %
PCM US Government and High
Quality Bond Fund............ 0.61 % 0.09 % 0.70 %
PCM Utilities Growth and
Income Fund(1)............... 0.70 % 0.08 % 0.78 %
PCM Voyager Fund.............. 0.62 % 0.06 % 0.68 %
Fidelity Equity-Income
Portfolio.................... 0.51 % 0.10 % 0.61 %
Fidelity Overseas Portfolio... 0.76 % 0.15 % 0.91 %
Fidelity Asset Manager
Portfolio(2)................. 0.71 % 0.08 % 0.79 %
</TABLE>

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(1) On July 11, 1996, shareholders of PCM Utilities Growth and Income Fund
approved an increase in the fees payable to Putnam Investment Management, Inc.
under the management contract. The management fees and total expenses showed in
the table have been restated to reflect the increase. Actual management fees and
total expenses were 0.60% and 0.68%, respectively.

(2) The expenses for the Fidelity Asset Manager Portfolio were reduced by use of
a portion of the brokerage commissions paid by the Fund. Without this reduction,
the Total Fund Operating Expenses would have been 0.81%. There is no guarantee
that any fee waivers and/or expense reimbursements will continue in the future.

THE RIGHT TO EXAMINE OR EXCHANGE THE POLICY

An applicant has a limited right to return his or her Policy for
cancellation. If the applicant returns the Policy within: (1) ten days after
delivery of the Policy; (2) ten days after We mail or personally deliver a
Notice of Withdrawal Right; or (3) 45 days after completion of the application,
whichever is latest (subject to applicable state regulation), Hartford Life will
return to the applicant, within seven days thereafter, the greater of the
premium paid, less any Indebtedness, or the sum of (1) the Account Value, less
any Indebtedness, on the date the returned Policy is received by Hartford Life
or its agent and (2) any deductions under Policy or by the Funds for taxes,
charges or fees.

In addition, once the Policy is in effect it may be exchanged during the
first 24 months after its Date of Issue for a non-variable life insurance policy
offered by Us on the life of the Insured without submitting proof of
insurability.
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HARTFORD LIFE INSURANCE COMPANY 9
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SURRENDER

At any time prior to the Scheduled Maturity Date, provided the Policy has a
Cash Surrender Value, you may surrender the Policy. During the first fifteen
(15) Policy Years, a Surrender Charge will apply. The Surrender Charge consists
of two component charges: an administrative expense surrender charge and a sales
surrender charge. See "Detailed Description of Policy Benefits and Provisions,"
- -- "Withdrawals", page 14.

TAX CONSEQUENCES

The current federal tax law generally excludes all death benefit payments
from the gross income of the Policy Beneficiary. See "Federal Tax
Considerations," page 28.

DETAILED DESCRIPTION OF POLICY BENEFITS AND PROVISIONS
GENERAL

This Prospectus describes a flexible premium variable life insurance policy
that has considerable flexibility in selecting the timing and amount of premium
payments.
PREMIUM

PREMIUM PAYMENT FLEXIBILITY

You have considerable flexibility as to when and in what amounts You pay
premium.

Prior to issue, You can choose a Planned Premium, within a range determined
by Hartford Life based on the Face Amount and the Insured's sex (except where
unisex rates apply), Issue Age and risk classification. We will send You premium
notices for Planned Premium. The notices may be sent on an annual, semi-annual
or quarterly basis. You may also have premium automatically deducted from Your
checking account on a monthly basis. The Planned Premium and payment mode You
selected are shown on the Policy's specifications page. You may change the
Planned Premium at any time, subject to Our minimum amount rules then in effect.

The Policy will not lapse as long as the Cash Surrender Value is sufficient
to cover the Monthly Deduction Amounts or the Death Benefit guarantee is
available. See also "Lapse and Reinstatement" on pages 13 and 14 for more
details.

ALLOCATION OF PREMIUM PAYMENTS

The initial Net Premium will be allocated to the Hartford Money Market
Sub-Account on the later of the Policy Date or the date We receive the premium.

The value in this Hartford Money Market Sub-Account will then be allocated
to the Fixed Account and Sub-Accounts according to the premium allocation
specified in the application on the latest of: (1) 45 days after the application
is signed; (2) ten days after We receive the premium; (3) ten days after We mail
or personally deliver a Notice of Withdrawal Right; and (4) the date We receive
the final requirement to put the Policy in force ("free-look end date").

Any additional Net Premium received prior to the free-look end date will be
allocated to the Hartford Money Market Sub-Account.

You may change Your premium allocation In Writing. Portions allocated to the
Fixed Account and Sub-Accounts must be whole percentages. Subsequent Net Premium
will be allocated to the Fixed Account and Sub-Accounts according to Your most
recent instructions, subject to the following. Currently, the Account Value may
be allocated to no more than nine Sub-Accounts. Hartford Life reserves the right
to increase the number of allocable investment options beyond nine. If We
receive a premium and Your most recent allocation instructions would violate
this requirement, We will allocate the Net Premium to the Fixed Account and
Sub-Accounts on a Pro-Rata basis.

You will receive several different types of notification as to what Your
current premium allocation is. The initial allocation chosen by the Policy Owner
is shown in the Policy. Each transactional confirmation received after a premium
payment will show how that premium has been allocated. In addition, each
quarterly statement summarizes the current premium allocation in effect for that
Policy.

ACCUMULATION UNITS

Net Premium allocated to the Sub-Accounts are used to credit Accumulation
Units to those Sub-Accounts.

The number of Accumulation Units in each Sub-Account to be credited to a
Policy, including the initial allocation to Hartford Money Market Sub-Account
and the amount credited to the Fixed Account, will be determined first by
multiplying the Net Premium by the appropriate allocation percentage to
determine the portion to be invested in the Fixed Account or Sub-Account. Each
portion to be invested in a Sub-Account is then divided by the Accumulation Unit
Value of that particular Sub-Account next computed following receipt of the
payment.

ACCUMULATION UNIT VALUES

The Accumulation Unit Value for each Sub-Account will vary to reflect the
investment experience of the applicable Fund. It will be determined on each
Valuation Day by multiplying the Accumulation Unit Value of the particular
Sub-Account on the preceding Valuation Day by a Net Investment Factor for that
Sub-Account for the Valuation Period then ended. The Net Investment Factor for
each of
<PAGE>
10 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

the Sub-Accounts is equal to the net asset value per share of the corresponding
Fund at the end of the Valuation Period (plus the per share amount of any
dividend or capital gain distributions paid by that Fund in the Valuation Period
then ended) divided by the net asset value per share of the corresponding Fund
at the beginning of the Valuation Period.

All valuations in connection with a Policy, e.g., with respect to
determining Account Value, in connection with Policy loans, or in calculation of
Death Benefits, or with respect to determining the number of Accumulation Units
to be credited to a Policy with each premium payment, other than the initial
premium payment, will be made on the date the request or payment is received by
Hartford Life at the National Service Center if such date is a Valuation Day;
otherwise such determination will be made on the next succeeding date which is a
Valuation Day.

PREMIUM LIMITATION

If a premium is received which would cause the Policy to fail to meet the
definition of a life insurance contract in accordance with the Internal Revenue
Code, We reserve the right to refund the excess premium. We will refund such
premium and interest thereon within 60 days after the end of a Policy Year.

We reserve the right to require evidence of insurability for any premium
that results in an increase in the Death Benefit greater than the amount of the
premium.

The minimum subsequent premium is $50.00. Any premium in excess of
$1,000,000 is subject to Hartford Life's approval.
ACCOUNT VALUES

The Policy will have an Account Value. There is no minimum guaranteed
Account Value. The Account Value of a Policy changes on a daily basis and will
be computed on each Valuation Day. The Account Value of a Policy will increase
to reflect interest credited to the Fixed Account and Loan Account (when
applicable) and any premium payments. The Account Value will decrease to reflect
deductions for the Monthly Deduction Amount and any withdrawals. The Account
Value will vary to reflect the investment experience of the underlying Funds.

The Account Value of a particular Policy is related to the net asset value
of the Funds associated with the Sub-Accounts, if any, to which premium payments
on the Policy have been allocated. The Account Value in the Sub-Accounts on any
Valuation Day is calculated by multiplying the number of Accumulation Units in
each Sub-Account as of the Valuation Day by the current Accumulation Unit Value
of that Sub-Account and then summing the result for all the Sub-Accounts. The
Account Value equals the Account Value in the Sub-Accounts plus the value of the
Fixed and Loan Accounts. The Cash Value equals the Account Value less any
applicable Surrender Charges. The Cash Surrender Value, which is the net amount
available upon surrender of the Policy, is the Cash Value less any Indebtedness.
See "Accumulation Unit Values," page 9.

AMOUNT PAYABLE ON SURRENDER OF THE POLICY

As long as the Policy is in effect, a Policy Owner may elect, without the
consent of the Beneficiary (provided the designation of Beneficiary is not
irrevocable), to fully surrender the Policy. Upon surrender, the Policy Owner
will receive the Cash Surrender Value determined as of the day Hartford Life
receives the Policy Owner's written request or the date requested by the Policy
Owner, whichever is later. The Cash Surrender Value equals the Cash Value less
any Indebtedness. The Policy will terminate on the date of receipt of the
written request, or the date the Policy Owner requests the surrender to be
effective, whichever is later.

SALES LOAD REFUND

If a Policy is surrendered during the first two Policy Years, the Cash
Surrender Value may be adjusted upward to reflect a reduced Surrender Charge.
For purposes of this Policy, the reduction in Surrender Charge will be equal to
the excess, if any, of the sum of the actual front-end sales load and Sales
Surrender Charge to date over the sum of 30% of payments in aggregate amount
less than or equal to one Guideline Annual Premium plus 10% of payments in
aggregate amount greater than one Guideline Annual Premium but not more than two
Guideline Annual Premiums.

For purposes of this Policy, "Guideline Annual Premium" means the level
annual premium payment necessary to provide the future benefits under the Policy
through maturity, based on certain assumptions specified under the Federal
Securities laws. These assumptions include mortality charges based on the 1980
CSO Table, an assumed annual net rate of return of 5% per year, and deduction of
the fees and charges specified in the Policy. The Guideline Annual Premium is
only used in limiting front-end sales loads and Sales Surrender Charges.

WITHDRAWALS

One withdrawal is allowed each calendar month. The minimum withdrawal
allowed is $500. The maximum withdrawal is the Cash Surrender Value, less
$1,000. If the Death Benefit Option then in effect is Option A or Option C, the
Face Amount is decreased by an amount equal to the reduction in the Account
Value resulting from the withdrawal. The minimum Face Amount required after a
withdrawal is subject to Our rules then in effect. Unless specified otherwise,
the withdrawal will be deducted on a Pro Rata Basis from the Fixed Account and
the Sub-Accounts. Currently, Hartford Life does not impose a withdrawal charge.
However, Hartford Life reserves the right to impose a withdrawal charge of up to
$10.00.
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 11
- --------------------------------------------------------------------------------

In addition, a Surrender Charge will be deducted from the Account Value
equal to the proportion of the current Surrender Charge represented by the
amount of the withdrawal to the Account Value immediately prior to the
withdrawal.

Any decrease in the Face Amount resulting from a withdrawal may result in a
partial Surrender Charge. See "Increases and Decreases in Face Amount", page 13.

TRANSFERS OF ACCOUNT VALUE

AMOUNT AND FREQUENCY OF TRANSFERS

Upon request and as long as the Policy is in effect, You may transfer
amounts among the Sub-Accounts and, if available in Your state, the Fixed
Account. Transfers may be made by written request or by calling toll free
1-800-231-5453. Transfers by telephone may be made by the agent of record or by
the attorney-in-fact pursuant to a power of attorney. Telephone transfers may
not be permitted in some states. The policy of Hartford Life and its agents and
affiliates is that they will not be responsible for losses resulting from acting
upon telephone requests reasonably believed to be genuine. We will employ
reasonable procedures to confirm that instructions communicated by telephone are
genuine; otherwise, We may be liable for any losses due to unauthorized or
fraudulent instructions. The procedures We follow for transactions initiated by
telephone include requirements that callers provide certain identifying
information for themselves (if not the Policy Owner) and the Policy Owner. All
transfer instructions by telephone are tape recorded.

The amounts which may be transferred and the number of transfers will be
limited by Our rules then in effect.

Currently there are no restrictions on transfers other than those described
below. There is no charge currently for the first transfer in any calendar
month. Each transfer in excess of one per calendar month is subject to a
Transfer Charge of up to $25.

We reserve the right at a future date to limit the size of transfers and
remaining balances, and to limit the number and frequency of transfers.

TRANSFERS TO OR FROM SUB-ACCOUNTS

You may request to transfer some or all of your Account Value between the
Sub-Accounts. When You request a transfer, the number of Accumulation Units
credited to the Sub-Account from which the transfer was made will be reduced and
the number of Accumulation Units credited to the Sub-Account you requested will
be increased.

The amount of the increase or decrease will be determined by dividing:

1. the amount transferred by,

2. the Accumulation Unit Value for the respective Sub-Account determined as of
the next Valuation Day after We receive your transfer request.

TRANSFERS FROM THE FIXED ACCOUNT

In addition to the conditions above, transfers from the Fixed Account are
subject to the following:

1. the transfer must occur during the 30-day period following each Policy
Anniversary; and

2. if the Accumulated Value in Your Fixed Account exceeds $1,000, the amount
transferred in any Policy Year may be no larger than 25% of the Accumulated
Value in the Fixed Account on the date of transfer. We reserve the right to
modify the restrictions on transfers from the Fixed Account.
POLICY LOANS

As long as the Policy is in effect, a Policy Owner may obtain, without the
consent of the Beneficiary (provided the designation of Beneficiary is not
irrevocable), a cash loan from Hartford Life. The total Indebtedness at the time
of the new loan (including the accrued interest on prior loans plus the
currently applied for loan) may not exceed the Cash Surrender Value. The minimum
loan amount is $500.00.

The amount of each loan will be transferred on a Pro Rata Basis from the
Fixed Account and each of the Sub-Accounts (unless the Policy Owner specifies
otherwise) to the Loan Account. The Loan Account is a mechanism used to ensure
that any outstanding Indebtedness remains fully secured by the Account Value.

PREFERRED LOAN

If, at any time after the tenth Policy Anniversary, the Account Value
exceeds the total of all premium paid since issue, a Preferred Loan is
available. The amount available for a Preferred Loan is the amount by which the
Account Value exceeds total premium paid. The amount of the Loan Account which
equals a Preferred Loan will be credited with interest at a rate equal to the
Fixed Account Minimum Credited Rate. The amount of Indebtedness that qualifies
as a Preferred Loan is determined on each Monthly Activity Date. A lower
interest is charged to Preferred Loans than to the rest of your Indebtedness, if
any.
<PAGE>
12 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

LOAN INTEREST

Interest will accrue on Indebtedness on a daily basis. The table below shows
the interest rate We will charge on Your Indebtedness.

<TABLE>
<CAPTION>
FIXED ACCOUNT
MINIMUM
PORTION OF CREDITED RATE
POLICY YEAR INDEBTEDNESS PLUS
------------ -------------------------- -------------
<S> <C> <C>
1-10 All Indebtedness 2%
11 and later Preferred loans (if any) 0%
All Indebtedness in excess 1%
of Preferred Loans
</TABLE>

CREDITED INTEREST

Any amounts in the Loan Account will be credited with interest at a rate
equal to the Fixed Account Minimum Credited Rate.

LOAN REPAYMENTS

You can repay all or any part of the entire Indebtedness at any time while
Your Policy is in force. Each loan repayment must be at least $50. An amount
equal to the loan repayment will be deducted from the Loan Account and will be
allocated among the Fixed Account and Sub-Accounts in the same percentage as
premium are allocated.

TERMINATION DUE TO EXCESSIVE INDEBTEDNESS

If total Indebtedness equals or exceeds the Cash Value on any Monthly
Activity Date, the Policy will terminate. See "Lapse and Reinstatement," page
13.

EFFECT OF LOANS ON ACCOUNT VALUE

A loan, whether or not repaid, will have a permanent effect on the Account
Value because the investment results of each Sub-Account will apply only to the
amount remaining in such Sub-Accounts. In addition, the rate of interest
credited to the Fixed Account may be greater than the Fixed Account Minimum
Credited Rate. The longer a loan is outstanding, the greater the effect, whether
favorable or unfavorable, is likely to be. If the Fixed Account and the
Sub-Accounts earn more than the annual interest rate for funds held in the Loan
Account, a Policy Owner's Account Value will not increase as rapidly as it would
have had no loan been made. If the Sub-Accounts earn less than the Loan Account,
the Policy Owner's Account Value will be greater than it would have been had no
loan been made. Also, if not repaid, the aggregate amount of the outstanding
loan (i.e., the Indebtedness) will reduce the Death Proceeds and Cash Surrender
Value otherwise payable.

DEATH BENEFIT

The Policy provides for the payment of the Death Proceeds to the named
Beneficiary when the Insured dies. The Death Proceeds payable to the Beneficiary
equal the Death Benefit less any Indebtedness and less any due and unpaid
Monthly Deduction Amount occurring during a Grace Period. The Death Benefit
depends on the Death Benefit Option selected by You, the minimum Death Benefit
provision, and whether or not the Death Benefit guarantee is available. All or
part of the Death Proceeds may be paid in cash or applied under a "Payment
Option." See "Other Matters -- Payment Options," page 25.

DEATH BENEFIT OPTIONS

There are three Death Benefit Options: the Level Death Benefit Option
("Option A"), the Return of Account Value Death Benefit Option ("Option B") and
the Return of Premium Death Benefit Option ("Option C"). Subject to the minimum
Death Benefit described below, the Death Benefits under each option are:

1. Under Option A, the Death Benefit is equal to the Face Amount.

2. Under Option B, the Death Benefit is equal to the Face Amount plus the
Account Value.

3. Under Option C, the Death Benefit is equal to the Face Amount plus the
lesser of: (a) the sum of the premium paid; and (b) the Option C Limit.

OPTION CHANGE

You may change Your Death Benefit Option by notifying Us In Writing of the
change. Such change will become effective on the Monthly Activity Date following
the date we receive Your request. If a change to Option A is elected, the Face
Amount will become that amount available as a Death Benefit immediately prior to
the option change. If a change to Option B is elected, the Face Amount will
become that amount available as a Death Benefit immediately prior to the option
change, reduced by the then current Account Value. Changing your Death Benefit
Option may result in a Surrender Charge. (See "Increases and Decreases in Face
Amount", page 13.) You should consult a competent tax adviser regarding the
possible adverse tax consequences resulting from a change in your Death Benefit
Option.

DEATH BENEFIT GUARANTEE

If available in Your State, Your Policy may include a Death Benefit
guarantee, which will keep the Policy in force, regardless of the Policy's
investment performance as long as the following conditions are met:

1. the Policy is in the first ten Policy Years (except in certain states where
a period less than 10 years may apply); and

2. on each Monthly Activity Date during that period, the cumulative premium
paid into this Policy, less Indebtedness, less any withdrawals, equal or
exceed the Cumulative Death Benefit Guarantee premium on that date.

If the Face Amount has not been increased or decreased, the Cumulative Death
Benefit Guarantee Premium is:

1. the Cumulative Death Benefit Guarantee Premium on the previous Monthly
Activity Date; plus
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 13
- --------------------------------------------------------------------------------

2. the current Monthly Death Benefit Guarantee Premium shown on the Policy
specification page .

The Monthly Death Benefit Guarantee Premium will be adjusted to reflect any
increases or decreases in the Face Amount during the Death Benefit guarantee
period. We will send You a schedule showing the new Monthly Death Benefit
Guarantee Premium required for this period and the Death Benefit Guarantee
Premium received to date.

While the Death Benefit guarantee is available, the Death Benefit will be
the Face Amount, regardless of the Death Benefit Option.

MINIMUM DEATH BENEFIT

The Policy has a minimum Death Benefit feature which automatically increases
the Death Benefit so that it will never be less than the Account Value
multiplied by the Minimum Death Benefit Percentage specified in the Policy. This
percentage varies according to the Insured's Issue Age, the Policy Year, sex
(where unisex rates are not used) and insurance class.

EXAMPLES OF THE MINIMUM DEATH BENEFIT:

<TABLE>
<CAPTION>
A B
---------- ----------
<S> <C> <C>
Face Amount............................ $ 100,000 $ 100,000
Account Value on Date of Death......... 46,500 34,000
Specified Percentage................... 250% 250%
Death Benefit Option................... Level Level
</TABLE>

In Example A, the minimum Death Benefit equals $116,250, i.e., the greater
of $100,000 (the Face Amount) or $116,250 (the Account Value at the Date of
Death of $46,500, multiplied by the specified percentage of 250%). This amount
less any outstanding Indebtedness constitutes the Death Proceeds which We would
pay to the Beneficiary.

In Example B, the minimum Death Benefit is $100,000, i.e., the greater of
$100,000 (the Face Amount) or $85,000 (the Account Value of $34,000 multiplied
by the specified percentage of 250%).

INCREASES AND DECREASES IN FACE AMOUNT

At any time after the first Policy Year, You may make a request In Writing
to change the Face Amount. The minimum amount by which the Face Amount can be
increased or decreased is based on Our rules then in effect. We reserve the
right to limit the number of increases or decreases made under the Policy to not
more than one in any 12 month period.

A decrease in the Face Amount will be effective on the Monthly Activity Date
following the date We receive Your request. The remaining Face Amount must not
be less than that allowed by Our minimum rules then in effect. If You ask to
decrease Your Face Amount below the Initial Face Amount a Surrender Charge may
be assessed, equal to:

1. the Surrender Charge applicable to the current Policy Year; multiplied by

2. the percentage described below.

The percentage used to determine the Surrender Charge will be calculated by:

1. subtracting the requested Face Amount from the lowest Face Amount prior to
the request; and

2. dividing that difference by the lowest Face Amount prior to the request.

The Surrender Charge assessed will be deducted from Your Account Value on
the Monthly Activity Date effective for the decrease.

All requests to increase the Face Amount must be applied for on a new
application and accompanied by the Policy. All requests will be subject to
evidence of insurability satisfactory to Us. Any increase approved by Us will be
effective on the date shown on the new policy specifications page, provided that
the Monthly Deduction Amount for the first month after the effective date of
increase is made.

BENEFITS AT MATURITY

If the Insured is living on the Scheduled Maturity Date, on surrender of the
Policy to Hartford Life, Hartford Life will pay to the Policy Owner the Cash
Surrender Value. On the Scheduled Maturity Date, unless extended by rider, the
Policy will terminate and Hartford Life will have no further obligations under
the Policy.
LAPSE AND REINSTATEMENT

POLICY LAPSE AND GRACE PERIOD

During the first Policy Year, the Policy will be in default on any Monthly
Activity Date on which the Account Value less Indebtedness is not sufficient to
cover the Monthly Deduction Amount.

During the second Policy Year, the Policy will be in default on any Monthly
Activity Date on which the Account Value less Indebtedness less 1/2 of the
Surrender Charge for the second Policy Year is not sufficient to cover the
Monthly Deduction Amount.

During the third Policy Year and thereafter, the Policy will be in default
on any Monthly Activity Date if the Cash Surrender Value is not sufficient to
cover the Monthly Deduction Amount.

A 61-day period called the "Grace Period" will begin from the date of
default. Hartford Life will mail the Owner and any assignee written notice of
the amount of premium that will be required to continue the Policy in force. The
<PAGE>
14 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

premium required will be no greater than the amount required to pay Monthly
Deduction Amounts during the Grace period plus three additional Monthly
Deduction Amounts. Unless the Death Benefit guarantee is available, the Policy
will terminate without value if the required premium is not paid by the end of
the Grace Period. If the Death Benefit guarantee is available and sufficient
premium has not been paid by the end of the Grace Period, the Death Benefit will
be reduced to the Face Amount and any riders will no longer be in force. If the
Insured dies during the Grace Period, We will pay the Death Proceeds.

DEATH BENEFIT GUARANTEE DEFAULT AND GRACE PERIOD

On every Monthly Activity Date during the Death Benefit guarantee period (if
applicable), We will compare the cumulative premium received, less Indebtedness,
less withdrawals, to the Cumulative Death Benefit Guarantee Premium for the
Death Benefit guarantee period in effect.

If the cumulative premium received, less Indebtedness, less withdrawals, are
less than the Cumulative Death Benefit Guarantee Premium, the Death Benefit
guarantee will be deemed to be in default as of that Monthly Activity Date. A
Grace Period of 61 days from the date of default will begin. We will mail the
Policy Owner and any assignee written notice of the amount of premium required
to continue the Death Benefit guarantee.

At the end of the Grace Period, the Death Benefit guarantee will be removed
from the Policy if We have not received the amount of the required premium.

REINSTATEMENT

Unless the Policy has been surrendered for its Cash Surrender Value, the
Policy may be reinstated prior to the Scheduled Maturity Date, provided:

1. You make Your request In Writing within five years from the termination
date;

2. satisfactory evidence of insurability is submitted;

3. any Indebtedness existing at the time of termination is repaid or carried
over to the reinstated Policy; and

4. You pay a premium sufficient to cover (1) all Monthly Deduction Amounts that
are due and unpaid during the Grace Period; and (2) the sum of Monthly
Deduction Amounts for the next three months after the date of reinstatement.

The Account Value on the reinstatement date will equal:

1. The Cash Value at the time of termination; plus

2. Net Premium derived from premium paid at the time of reinstatement; minus

3. the Monthly Deduction Amounts that were due and unpaid during the Policy
Grace Period; plus

4. the Surrender Charge at the time of reinstatement. The Surrender Charge is
based on the duration from the original Policy Date.
THE RIGHT TO EXAMINE OR EXCHANGE THE POLICY

An applicant has a limited right to return a Policy for cancellation. If the
Policy is returned, by mail or personal delivery to Hartford Life or to the
agent who sold the Policy, to be canceled within ten days after delivery of the
Policy to the Policy Owner, within 10 days of Hartford Life's mailing or
personal delivery of a Notice of Right to Withdraw, or within 45 days of
completion of the Policy application (whichever is later, and subject to
applicable state regulation), Hartford Life will return to the applicant, within
seven days thereafter, the greater of the premium paid, less any Indebtedness,
or the sum of (1) the Account Value, less any Indebtedness, on the date the
returned Policy is received by Hartford Life or its agent and (2) any deductions
under the Policy or by the Funds for taxes, charges or fees.

Once the Policy is in effect, it may be exchanged during the first 24 months
after its issuance, for a non-variable life insurance policy offered by Us or an
affiliate. No evidence of insurability will be required. The new policy will
have an amount at risk which equals or is less than the amount at risk in effect
on the date of exchange. Premium under the new policy will be based on the same
risk classification as this Policy. An exchange of the Policy under these
circumstances should be a tax-free transaction under Section 1035 of the Code.

WITHDRAWALS

At any time prior to the Scheduled Maturity Date, provided the Policy has a
Cash Surrender Value, You may surrender the Policy or withdraw money from it.
During the first fifteen (15) Policy Years, a Surrender Charge will apply. The
Surrender Charge consists of two component charges: an administrative expense
surrender charge and a sales surrender charge.

ADMINISTRATIVE EXPENSE SURRENDER CHARGE

The Administrative Expense Surrender Charge varies by the Insured's age on
the Date of Issue. Your sales representative can provide you with the actual
Administrative Expense Surrender Charge that applies to your Issue Age.
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 15
- --------------------------------------------------------------------------------

The following table represents the Administrative Expense Surrender Charge for a
person age 45 on the Date of Issue:

<TABLE>
<CAPTION>
AMOUNT PER AMOUNT PER
$1,000 OF $1,000 OF
INITIAL FACE INITIAL FACE
POLICY YEAR AMOUNT POLICY YEAR AMOUNT
- ----------------- ------------- --------------- -------------
<S> <C> <C> <C>
1 $ 5.00 9 $ 3.18
2 $ 5.00 10 $ 2.73
3 $ 5.00 11 $ 2.27
4 $ 5.00 12 $ 1.82
5 $ 5.00 13 $ 1.36
6 $ 4.55 14 $ 0.91
7 $ 4.09 15 $ 0.45
8 $ 3.64 16 $ 0.00
</TABLE>

The amount of the charge remains level for five Policy Years. After the
fifth Policy Anniversary, the charge decreases uniformly each month until the
end of the fifteenth Policy Year when it is zero.

The Administrative Expense Surrender Charge is designed to cover the
administrative expenses associated with underwriting and issuing a Policy,
including the costs of processing applications, conducting medical examinations,
determining insurability and the Insured's underwriting class, and establishing
policy records.

The sum of the Administrative Expense Surrender Charge and the Monthly
Administrative Charge will not exceed the cost Hartford Life incurs in providing
administrative services under the Policy. Hartford Life does not expect to
profit from the Administrative Expense Surrender Charge.

SALES SURRENDER CHARGE

The Sales Surrender Charge varies by the Insured's age on the Date of Issue.
Your sales representative can provide you with the actual Sales Surrender Charge
that applies to your Issue Age. The following table represents the Sales
Surrender Charge for a person age 45 on the Date of Issue:

<TABLE>
<CAPTION>
AMOUNT PER AMOUNT PER
$1,000 OF $1,000 OF
INITIAL FACE INITIAL FACE
POLICY YEAR AMOUNT POLICY YEAR AMOUNT
- ----------------- ------------- --------------- -------------
<S> <C> <C> <C>
1 $ 7.00 9 $ 4.45
2 $ 7.00 10 $ 3.82
3 $ 7.00 11 $ 3.18
4 $ 7.00 12 $ 2.55
5 $ 7.00 13 $ 1.91
6 $ 6.36 14 $ 1.27
7 $ 5.73 15 $ 0.64
8 $ 5.09 16 $ 0.00
</TABLE>

The amount of the charge remains level for five Policy Years. After the
fifth Policy Anniversary, the charge decreases uniformly each month until the
end of the fifteenth Policy Year when it is zero.

The Sales Surrender Charges is designed to cover expenses relating to the
sale and distribution of the Policy, including commissions paid to any sales
personnel, the cost of preparing sales literature and other promotional
activities.
VALUATION OF PAYMENTS AND TRANSFERS

We value the Policy on every Valuation Day.

We will pay Death Proceeds, Cash Surrender Values, Withdrawals, and loan
amounts allocable to the Sub-Accounts within seven (7) days after We receive all
the information needed to process the payment unless the New York Stock Exchange
is closed for other than a regular holiday or weekend, trading is restricted by
the Securities and Exchange Commission ("SEC") or that the SEC declares that an
emergency exists.

Hartford Life may defer payment of any amounts allocated to the Fixed
Account for up to six months from the date on which We receive the request.
APPLICATION FOR A POLICY

Individuals wishing to purchase a Policy must submit an application to
Hartford Life. Within limits, an applicant may choose the initial Face Amount. A
Policy generally will be issued only on the lives of Insureds between the ages
of 0 and 80 who supply evidence of insurability satisfactory to Hartford Life.
Acceptance is subject to Hartford Life's underwriting rules. Hartford Life
reserves the right to reject an application for any reason.

The Policy will be effective on the Policy Date only after Hartford Life has
received all outstanding delivery requirements and received the initial premium.
The Policy Date is the date used to determine all future cyclical transactions
on the Policy, e.g., Monthly Activity Date, Policy Months and Policy Years.
REDUCED CHARGES FOR ELIGIBLE GROUPS

Certain charges and deductions described below may be reduced for a Policy
issued in connection with a specific plan in accordance with Our rules in effect
as of the date an application for a Policy is approved. To qualify for such a
reduction, a plan must satisfy certain criteria as to, for example, size of the
plan, expected number of participants and anticipated premium payment from the
plan. Generally, the sales contacts and effort, administrative costs and
mortality cost per Policy vary based on such factors as the size of the plan,
the purposes for which the Policy is purchased and certain characteristics for
the plan's members. The amount of reduction and the criteria for qualification
are a reflection of the reduced sales effort and administrative costs resulting
from, and the different
<PAGE>
16 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

mortality experience expected as a result of, sales to qualifying plans. We may
modify from time to time on a uniform basis both the amounts of reductions and
the criteria for qualification. Reductions in these charges will not be unfairly
discriminatory against any person, including the affected Policy Owners funded
by Separate Account VL I.
DEDUCTIONS FROM THE PREMIUM

Before allocating the premium to the Account Value, a deduction is made for
the premium tax and federal tax charge and front-end sales load. The amount of
each premium allocated to the Account Value is Your Net Premium.

PREMIUM TAX CHARGE AND FEDERAL TAX CHARGE

We also deduct a 1.25% charge from each premium payment to cover the
estimated costs to Us of the federal income tax treatment of the Policy's
deferred acquisition costs under Section 848 of the Code. We have determined
that this charge is reasonable in relation to our increased federal income tax
burden under the Code resulting from the receipt of premium.

The Federal Tax Charge is a factor Hartford Life must use when computing the
maximum sales load chargeable under Securities and Exchange Commission rules.

FRONT-END SALES LOAD

The front-end sales load is a charge deducted from each premium. The current
and maximum front-end sales load for all premium is 2.0% for Policy Years 1
through 10. After Policy Year 10, the front-end sales load is currently 0%. We
reserve the right to charge a maximum of 2.0%.

EXAMPLES OF FRONT-END SALES LOADS/IMPACT OF REFUND OF SALES LOAD

An example of the actual Front-End Sales Loads and the impact of the refund
of the load, if any, (see "Sales Load Refund" on page 10), for a Policy is shown
below. This example uses the same specific information (i.e., Issue Age, Face
Amount, premium level, etc.) as the illustration on page 33 of the prospectus.

<TABLE>
<S> <C>
Death Benefit Option: Level
Face Amount: $250,000
Charges Assumed: Current
Issue Age/Sex/Class: 45/Male/Preferred
Guideline Annual Premium: $4,483.41
Annual Planned Premium: $3,250.00
Assumed Gross Annual Investment Return 0%
</TABLE>

The Total Cumulative Sales Load column on the far right of the table below
represents the sum of all loads which would have been assessed since the issue
of the policy assuming a surrender of the Policy at the end of the corresponding
policy year.

This is:

(1) The sum of the Cumulative Front-End Sales Load, plus

(2) The actual Surrender Charge for that Policy Year, minus

(3) The Sales Load Refund, if any, applicable to that Policy year.
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 17
- --------------------------------------------------------------------------------

Additional Charges/Credits if Surrendered

<TABLE>
<CAPTION>
CUMULATIVE TOTAL
FRONT-END MAXIMUM YEAR END ACTUAL SALES SALES CUMULATIVE
POLICY SALES SURRENDER ACCOUNT SURRENDER SURRENDER LOAD SALES LOAD IF
YEAR LOAD CHARGE VALUE CHARGE CHARGES REFUND SURRENDERED**
- ---------- ----------- ----------- --------- ----------- ----------- --------- --------------
<S> <C> <C> <C> <C> <C> <C> <C>
1 65 3,000 1,880 1,880 630 0 695
2 130 3,000 3,849 3,000 1,750 333 1,547
3 195 3,000 5,724 3,000 1,750 0 1,945
4 260 3,000 7,498 3,000 1,750 0 2,010
5 325 3,000 9,247 3,000 1,750 0 2,075
6 390 2,727 10,887 2,727 1,590 0 1,980
7 455 2,455 12,433 2,455 1,433 0 1,888
8 520 2,183 13,878 2,183 1,273 0 1,793
9 585 1,910 15,212 1,910 1,113 0 1,698
10 650 1,638 16,429 1,638 955 0 1,605
11 715 1,363 17,807 1,363 795 0 1,510
12 780 1,090 19,172 1,090 638 0 1,418
13 845 818 20,385 818 478 0 1,323
14 910 545 21,431 545 318 0 1,228
15 975 273 22,292 273 160 0 1,135
16 1040 0 22,949 0 0 0 1,040
</TABLE>

*The Actual Surrender Charge assessed is the smaller of:

(a) The contractual maximum surrender charge, or

(b) Year-End Account Value

**The Total Cumulative Sales Load If Surrendered assumes a surrender of the
Policy at the end of that Policy Year and is:

(a) The Cumulative Front-End Sales Load, plus

(b) Sales Surrender Charge, minus

DEDUCTIONS AND CHARGES FROM THE
ACCOUNT VALUE

MONTHLY DEDUCTION AMOUNTS

On the Policy Date and on each subsequent Monthly Activity Date, Hartford
Life will deduct an amount (the "Monthly Deduction Amount") from the Account
Value to cover certain charges and expenses incurred in connection with a
Policy. Each Monthly Deduction Amount will be deducted on a Pro Rata Basis from
the Fixed Account and each of the Sub-Accounts. The Monthly Deduction Amount
will vary from month to month.

The Monthly Deduction Amount equals:

1. the charge for the Cost of Insurance; plus

2. the Monthly Administrative charge; plus

3. the Mortality and Expense Risk Charge; plus

4. the charges for additional benefits provided by rider.

1. COST OF INSURANCE CHARGE

The charge for the Cost of Insurance is equal to:

(a) the Cost of Insurance rate per $1,000;
multiplied by

(b) the amount at risk; divided by

The amount at risk equals the Death Benefit less the Account Value on that
date, prior to assessing the Monthly Deduction Amount.

A charge for a special insurance class rating of an Insured may be made
against the Account Value, if applicable. This charge is to compensate
Hartford Life for the additional mortality risk associated with individuals
in these classes.
<PAGE>
18 Hartford Life Insurance Company
- --------------------------------------------------------------------------------

The Cost of Insurance charge is to cover Hartford Life's anticipated
mortality costs and other expenses. For standard risks, the Cost of
Insurance rates will not exceed those based on the 1980 Commissioners'
Standard Ordinary Mortality Smoker or Nonsmoker Table, age last birthday. A
table of guaranteed Cost of Insurance rates per $1,000 will be included in
each Policy; however, Hartford Life reserves the right to use rates less
than those shown in the table. Substandard risks will be charged a higher
Cost of Insurance rate that will not exceed rates based on a multiple of
the 1980 Commissioners' Standard Ordinary Mortality Smoker or Nonsmoker
Table, age last birthday. The multiple will be based on the Insured's risk
class. Hartford Life will determine the Cost of Insurance rate at the start
of each Policy Year. Any changes in the Cost of Insurance rate will be made
uniformly for all Insureds of the same issue age, sex and risk class and
whose coverage has been inforce for the same length of time. No change in
insurance class or cost will occur on account of deterioration of the
Insured's health.

Because the Account Value and the Death Benefit under a Policy may vary
from month to month, the Cost of Insurance charge may also vary on each
Monthly Activity Date.

2. MONTHLY ADMINISTRATIVE CHARGE

Hartford Life will assess a Monthly Administrative Charge to reimburse
Hartford Life for administrative costs in connection with the Policy. The
current Monthly Administrative Fee is $25.00 per month for the first Policy
Year, $10.00 per month in Policy Year 2-10 and $5.00 per month in Policy
Years 11 and later, not to exceed $7.50 per month in Policy Years 11 and
later.

The sum of the Monthly Administrative Charge and the Administrative
Services Sales Charge will not exceed the cost Hartford Life incurs in
providing administrative services under the Policy.

3. MORTALITY AND EXPENSE RISK CHARGE

A charge is made for mortality and expense risks assumed by Hartford Life.
Hartford Life may profit from this charge. See also, "Detailed Description
of Policy Benefits and Provisions -- Account Values," page 10.

The current Mortality and Expense Risk Charge for any Monthly Activity
Date is equal to: (a) the current Mortality and Expense Risk Rate;
multiplied by (b) the portion of the Account Value allocated to the Sub-
Accounts on the Monthly Activity Date prior to assessing the Monthly
Deduction Amount.

The current and guaranteed Mortality and Expense Risk Rate for the first
ten Policy Years is 0.80% (.067% per month). After the tenth Policy Year,
the current rate is 0.25% (.021% per month), with a maximum Rate of 0.50%
(.042% per month).

The mortality risk assumed is that the Cost of Insurance charges specified
in the Policy will be insufficient to meet actual claims. The expense risk
assumed is that expenses incurred in issuing and administering the Policy
will exceed the administrative charges set in the Policy. Hartford Life may
profit from the mortality and expense risk charge and may use any profits
for any proper purpose, including any difference between the cost it incurs
in distributing the Policy and the proceeds of the front-end sales load.

4. RIDER CHARGE

If the Policy includes riders, a charge is made applicable to the riders
from the Account Value on each Monthly Activity Date. The charge applicable
to these riders is to compensate Hartford Life for anticipated cost of
providing these benefits and are specified on the applicable rider. The
riders available are described on pages 25 and 26 under "Supplemental
Benefits" section.

CHARGES AGAINST THE FUNDS

The investment advisers charge the Funds an investment management fee on a
daily basis as compensation for services. The following Table shows the fee
charged for each Fund available for investment by Policy Owners.
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 19
- --------------------------------------------------------------------------------

<TABLE>
<CAPTION>
ANNUAL INVESTMENT MANAGEMENT FEES
AS A PERCENTAGE OF AVERAGE
HARTFORD FUNDS DAILY NET ASSETS
- -------------------------------------------------------------------------- --------------------------------------------------------
<S> <C>
Hartford Capital Appreciation Fund, Inc.,
Hartford Advisers Fund, Inc.,
Hartford International Opportunities Fund, Inc.,
Hartford Dividend and Growth Fund, Inc.................................. 575% of the first $250 million of average net assets
.525% of the next $250 million of average net assets
.475% of the next $250 million of average net assets
.425% of any amount over $1.0 billion
Hartford Bond Fund, Inc.,
Hartford Stock Fund, Inc................................................ .325% of the first $250 million of average net assets
.300% of the next $250 million of average net assets
.275% of the next $250 million of average net assets
.250% of any amount over $1.0 billion
Hartford Index Fund, Inc.................................................. .20%
Hartford Mortgage Securities Fund, Inc.,
HVA Money Market Fund, Inc.............................................. .25%

PUTNAM FUNDS
- --------------------------------------------------------------------------
<S> <C>
PCM Diversified Income Fund,
PCM Global Asset Allocation Fund,
PCM High Yield Fund,
PCM New Opportunities Fund,
PCM Voyager Fund........................................................ .70% of the first $500 million of average net assets
.60% of the next $500 million of average net assets
.55% of the next $500 million of average net assets
.50% of any excess thereafter
PCM Utilities Growth and Income Fund...................................... .70% of the first $500 million of average net assets
.60% of the next $500 million of average net assets
.55% of the next $500 million of average net assets
.50% of the next $5 billion of average net assets
.475% of the next $5 billion of average net assets
.455% of the next $5 billion of average net assets
.44% of the next $5 billion of average net assets
.43% of any excess thereafter
PCM Growth and Income Fund................................................ .65% of the first $500 million of average net assets
.55% of the next $500 million of average net assets
.50% of the next $500 million of average net assets
.45% of any excess thereafter
PCM U.S. Government and
High Quality Bond Fund.................................................. .65% of the first $500 million of average net assets
.55% of the next $500 million of average net assets
.50% of the next $500 million of average net assets
.45% of the next $5 billion of average net assets
.425% of the next $5 billion of average net assets
.405% of the next $5 billion of average net assets
.39% of the next $5 billion of average net assets
.38% of any excess thereafter
PCM Global Growth Fund.................................................... .60%
PCM Money Market Fund .................................................... .45% of the first $500 million of average net assets
.35% of the next $500 million of average net assets
.30% of the next $500 million of average net assets
.25% of any excess thereafter
</TABLE>

<PAGE>

20 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

<TABLE>
<CAPTION>
FIDELITY'S VARIABLE INSURANCE PRODUCTS FUNDS*
- --------------------------------------------------------------------------
Equity-Income Portfolio................................................... .52%
<S> <C>
Overseas Portfolio........................................................ .77%
Asset Manager Portfolio................................................... .72%
<FN>
- ------------------------
*Each fund's management fee is calculated and paid to the funds' adviser each
month. The fee for each fund is calculated by adding a group fee rate to an
individual fund fee rate, and multiplying the result by the fund's average net
assets.
The group fee is based on the average net assets of all the mutual funds
managed by Fidelity Management & Research Company. This rate cannot rise above
0.52% and it drop as total assets under management increase. The individual
fund fee rates are as follows: 0.20% for Equity-Income; 0.45% for Overseas; and
0.40% for Asset Manager.
For fiscal year ended 1995, the funds paid the following fees to Fidelity
Management & Research Company (as a percentage of each fund's average net
assets): 0.52% for Equity-Income; 0.77% for Overseas; and 0.72% for Asset
Manager.
</TABLE>

TAXES

Currently, no charge is made to Separate Account VL I for federal, state,
and local taxes that may be allocable to Separate Account VL I. A change in the
applicable federal, state or local tax laws which impose tax on Hartford Life
and/or Separate Account VL I may result in a charge against the Policy in the
future. Charges for other taxes, if any, allocable to Separate Account VL I may
also be made.
THE COMPANY

Hartford Life Insurance Company ("Hartford Life") 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 individual
and group, in all states of the United States and the District of Columbia. The
offices of Hartford Life are located in Simsbury, Connecticut; however, its
mailing address is P.O. Box 2999, Hartford, CT 06104-2999.

Hartford Life is ultimately 100% owned by Hartford Fire Insurance Company,
one of the largest multiple lines insurance carriers in the United States. On
December 20, 1995, Hartford Fire Insurance Company became an independent,
publicly traded corporation.

Hartford Life is rated A+ (superior) by A.M. Best and Company, Inc., on the
basis of its financial soundness and operating performance. Hartford Life is
rated AA by Standard & Poor's and AA+ by Duff and Phelps on the basis of its
claims paying ability. These ratings do not apply to the investment performance
of the Sub-Accounts of the Separate Account. These ratings do apply to Hartford
Life's ability to meet its insurance obligations, including those under the
Policy.

Hartford Life is subject to Connecticut law governing insurance companies
and is regulated and supervised by the Connecticut Commissioner of Insurance. An
annual statement in a prescribed form must be filed with that Commissioner on or
before March 1 in each year covering the operations of Hartford Life for the
preceding year and its financial condition on December 31 of such year. Its
books and assets are subject to review or examination by the Commissioner or his
agents at all times, and a full examination of its operations is conducted by
the Commissioner pursuant to standards established by the National Association
of Insurance Commissioners ("NAIC") at least once in every four years. In
addition, Hartford Life is subject to the insurance laws and regulations of any
jurisdiction in which it sells its insurance contracts. Hartford Life is also
subject to various Federal and state securities laws and regulations.
SEPARATE ACCOUNT VL I
GENERAL

Separate Account VL I is a separate account of Hartford Life established on
September 18, 1992 pursuant to the insurance laws of the State of Connecticut
and organized as a unit investment trust registered with the Securities and
Exchange Commission under the Investment Company Act of 1940. Separate Account
VL I meets the definition of "separate account" under federal securities law.
Under Connecticut law, the assets of Separate Account VL I are held exclusively
for the benefit of Policy Owners and persons entitled to payments under the
Policy. The assets for Separate Account VL I are not chargeable with liabilities
arising out of any other business which Hartford Life may conduct.
FUNDS

The assets of each Sub-Account of Separate Account VL I are invested
exclusively in one of the Funds. A Policy Owner may allocate premium payments
among the Sub-Accounts. Policy Owners should review the following brief
descriptions of the investment objectives of each of the Funds in connection
with that allocation. There is no guarantee that any of the Funds will achieve
its stated objectives. Policy Owners are also advised to read the prospectuses
for each of the Funds accompanying this prospectus for more detailed
information.
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 21
- --------------------------------------------------------------------------------

HARTFORD FUNDS

HARTFORD ADVISERS FUND, INC.

To achieve maximum long term total rate of return consistent with prudent
investment risk by investing in common stock and other equity securities, bonds
and other debt securities, and money market instruments. The investment adviser
will vary the investments of the Fund among equity and debt securities and money
market instruments depending upon its analysis of market trends. Total rate of
return consists of current income, including dividends, interest and discount
accruals and capital appreciation.

HARTFORD BOND FUND, INC.

To achieve maximum current income consistent with preservation of capital by
investing primarily in bonds. Up to 20% of the total assets of this Fund may be
invested in debt securities rated in the highest category below investment grade
("Ba" by Moody's or "BB" by S&P) or, if unrated, are determined to be of
comparable quality by the Fund's investment adviser. Securities rated below
investment grade are commonly referred to as "high yield -- high risk
securities" or "junk bonds." For more information concerning the risks
associated with investing in such securities, please refer to the section in the
accompanying prospectus for the Hartford Funds entitled "Hartford Bond Fund,
Inc. -- Investment Policies."

HARTFORD CAPITAL APPRECIATION FUND, INC.

To achieve growth of capital by investing in equity securities and
securities convertible into equity securities selected solely on the basis of
potential for capital appreciation; income, if any, is an incidental
consideration.

HARTFORD DIVIDEND AND GROWTH FUND, INC.

To achieve a high level of current income consistent with growth of capital
and reasonable investment risk by investing primarily in equity securities and
securities convertible into equity securities.

HARTFORD INDEX FUND, INC.

To provide investment results which approximate the price and yield
performance of publicly-traded common stocks in the aggregate, as represented by
the Standard & Poor's 500 Composite Stock Price Index.*

HARTFORD INTERNATIONAL OPPORTUNITIES FUND, INC.

To achieve long-term total return consistent with prudent investment risk
through investment primarily in equity securities issued by foreign companies.

HARTFORD MORTGAGE SECURITIES FUND, INC.

To achieve maximum current income consistent with safety of principal and
maintenance of liquidity by investing primarily in mortgage-related securities,
including securities issued by the Government National Mortgage Association
("GNMA").

HARTFORD STOCK FUND, INC.

To achieve long-term capital growth primarily through capital appreciation,
with income a secondary consideration, by investing in equity-type securities.

HVA MONEY MARKET FUND, INC.

To achieve maximum current income consistent with liquidity and preservation
of capital by investing in money market securities.

PUTNAM FUNDS

PCM DIVERSIFIED INCOME FUND

Seeks high current income consistent with capital preservation by investing
in the following three sectors of the fixed income securities markets: U.S.
Government Sector, High Yield Sector (which invests primarily in what are
commonly referred to as "junk bonds"), and International Sector. See the special
considerations for investments in high yield securities described in the Putnam
Fund prospectus.

PCM GLOBAL ASSET ALLOCATION FUND

Seeks a high level of long-term total return consistent with preservation of
capital by investing in U.S. equities, international equities, U.S. fixed income
securities, and international fixed income securities.

PCM GLOBAL GROWTH FUND

Seeks capital appreciation through a globally diversified common stock
portfolio.

PCM GROWTH AND INCOME FUND

Seeks capital growth and current income by investing primarily in common
stocks that offer potential for capital growth, current income, or both.

PCM HIGH YIELD FUND

Seeks high current income by investing primarily in high-yielding,
lower-rated fixed income securities (commonly referred to as "junk bonds"),
constituting a diversified portfolio which Putnam Investment Management, Inc.
("Putnam Management") believes does not involve undue risk to income or
principal. Capital growth is a secondary objective when consistent with high
current income. See the special considerations for investments for high yield
securities described in the Putnam Fund prospectus.

PCM MONEY MARKET FUND

Seeks to achieve as high a level of current income as Putnam Management
believes is consistent with preservation of capital and maintenance of liquidity

by investing in high-quality money market instruments.

* "STANDARD & POOR'S-REGISTERED TRADEMARK-", "S&P-REGISTERED TRADEMARK-", "S&P
500-REGISTERED TRADEMARK-", "STANDARD & POOR'S 500", AND "500" ARE TRADEMARKS
OF THE MCGRAW-HILL COMPANIES, INC. AND HAVE BEEN LICENSED FOR USE BY HARTFORD
LIFE INSURANCE COMPANY AND AFFILIATES. THE HARTFORD INDEX FUND, INC. ("INDEX
FUND") IS NOT SPONSORED, ENDORSED, SOLD OR PROMOTED BY STANDARD & POOR'S
("S&P") AND S&P MAKES NO REPRESENTATION REGARDING THE ADVISABILITY OF
INVESTING IN THE INDEX FUND.
<PAGE>
22 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

PCM NEW OPPORTUNITIES FUND

Seeks long-term capital appreciation by investing principally in common
stocks of companies in sectors of the economy which Putnam Management believes
possess above average long-term growth potential.

PCM U.S. GOVERNMENT AND HIGH QUALITY BOND FUND

Seeks current income consistent with preservation of capital by investing
primarily in securities issued or guaranteed as to principal and interest by the
U.S. Government or by its agencies or instrumentalities and in other debt
obligations rated at least A by Standard & Poor's or Moody's or, if not rated,
determined by Putnam Management to be of comparable quality.

PCM UTILITIES GROWTH AND INCOME FUND

Seeks capital growth and current income by concentrating its investments in
securities issued by companies in the public utilities industries.

PCM VOYAGER FUND

Aggressively seeks capital appreciation primarily from a portfolio of common
stocks of companies that Putnam Management believes have potential for capital
appreciation which is significantly greater than that of market averages.

FIDELITY'S VARIABLE INSURANCE PRODUCTS FUNDS

EQUITY-INCOME PORTFOLIO

To seek reasonable income by investing primarily in income-producing equity
securities. In choosing these securities, the Portfolio will also consider the
potential for capital appreciation. The Portfolio's goal is to achieve a yield
which exceeds the composite yield on the securities comprising the Standard &
Poor's Composite Index of 500 Stocks. The Portfolio has the flexibility to
invest in all types of domestic and foreign securities, including bonds of
varying quality.

In addition, the Portfolio may invest in high yield, lower-rated securities
(commonly referred to as "junk bonds") which are subject to greater risk than
investments in higher-rated securities. For a further discussion of lower-rated
securities, please see "Risks of Lower-Rated Debt Securities" in the Fidelity
prospectus for this Portfolio.

OVERSEAS PORTFOLIO

To seek long-term growth of capital primarily through investments in
securities of foreign issuers and provide a means for aggressive investors to
diversify their own portfolios by participating in companies and economies
outside of the United States.

In addition, the Portfolio may invest in high-yield, lower-rated securities
(commonly referred to as "junk bonds") which are subject to greater risk than
investments in higher rated securities. For a further discussion of the risks of
investing in lower-rated securities, please see "Risks of Lower-Rated Debt
Securities" in the Fidelity prospectus for this Portfolio.

ASSET MANAGER PORTFOLIO

To seek high total return with reduced risk over the long-term by allocating
its assets among stocks, bonds, short-term, and other instruments of U.S. and
foreign issuers.

The Hartford Funds are organized as corporations under the laws of the State
of Maryland and are registered as diversified open-end management companies
under the Investment Company Act of 1940. The Putnam Funds are portfolios of the
Putnam Capital Manager Trust, which is organized as a business trust under the
laws of Massachusetts as an open-end series investment company under the
Investment Company Act of 1940. The Fidelity Funds involve two diversified
open-end management investment companies, each with multiple portfolios and
organized as a Massachusetts business trust. The Equity-Income Portfolio and
Overseas Portfolio are portfolios of the Variable Insurance Products Fund. The
Asset Manager Portfolio is a portfolio of the Variable Insurance Products Fund
II.

Each Fund continually issues an unlimited number of full and fractional
shares of beneficial interest in the Fund. Such shares are offered to separate
accounts, including Separate Account VL I, established by Hartford Life or one
of its affiliated companies specifically to fund the Policy and other policies
issued by Hartford Life or its affiliates as permitted by the Investment Company
Act of 1940.

It is conceivable that in the future it may be disadvantageous for variable
life insurance separate accounts and variable annuity separate accounts to
invest in the Funds simultaneously. Although neither Hartford Life nor the Funds
currently foresee any such disadvantages either to variable life insurance
Policy Owners or to variable annuity Policy Owners, the Board of Directors
intend for the Hartford Funds and the Board of Trustees for the Putnam Funds and
the Fidelity Funds (collectively the "Board") to monitor events in order to
identify any material conflicts between such Policy Owners and to determine what
action, if any, should be taken in response thereto. If the Boards were to
conclude that separate funds should be established for variable life and
variable life insurance separate accounts, Hartford Life will bear the attendant
expenses.

All investment income of and other distributions to each Sub-Account of
Separate Account VL I arising from the
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 23
- --------------------------------------------------------------------------------

applicable Fund are reinvested in shares of that Fund at net asset value. The
income and both realized gains or losses on the assets of each Sub-Account of
Separate Account VL I are therefore separate and are credited to or charged
against the Sub-Account without regard to income, gains or losses from any other
Sub-Account or from any other business of Hartford Life. Hartford Life will
purchase shares in the Funds in connection with premium payments allocated to
the applicable Sub-Account in accordance with Policy Owners' directions and will
redeem shares in the Funds to meet Policy obligations or make adjustments in
reserves, if any. The Funds are required to redeem Fund shares at net asset
value and generally to make payment within seven days.

Hartford Life reserves the right, subject to compliance with the law as then
in effect, to make additions to, deletions from, or substitutions for Separate
Account VL I and its Sub-Accounts which fund the Policy. If shares of any of the
Funds should no longer be available for investment, or if, in the judgment of
Hartford Life's management, further investment in shares of any Fund should
become inappropriate in view of the purposes of the Policy, Hartford Life may
substitute shares of another Fund for shares already purchased, or to be
purchased in the future, under the Policy. No substitution of securities will
take place without notice to and consent of Policy Owners and without prior
approval of the Securities and Exchange Commission to the extent required by the
Investment Company Act of 1940. Subject to Policy Owner approval, if required,
Hartford Life also reserves the right to end the registration under the
Investment Company Act of 1940 of Separate Account VL I or any other separate
accounts of which it is the depositor which may fund the Policy.

Each Fund is subject to certain investment restrictions which may not be
changed without the approval of a majority of the shareholders of the Fund. See
the accompanying prospectuses for each of the Funds.
INVESTMENT ADVISER

HARTFORD FUNDS

The investment adviser for each of the Hartford Funds is The Hartford
Investment Management Company ("HIMCO"), a wholly-owned subsidiary of Hartford
Life Insurance Company. HIMCO was organized under the laws of the State of
Connecticut in October of 1981.

HIMCO also serves as investment adviser to several other Hartford Life
sponsored funds which are also registered with the Securities and Exchange
Commission. HIMCO is registered as an investment adviser under the Investment
Advisers Act of 1940. HIMCO provides investment advice and, in general,
supervises the management and investment program of Hartford Bond Fund, Inc.,
Hartford Index Fund, Inc., Hartford Mortgage Securities Fund, Inc., and HVA
Money Market Fund, Inc., pursuant to an Investment Advisory Agreement entered
into with each of these Funds for which HIMCO receives a fee. HIMCO also
supervises the investment programs of Hartford Advisers Fund, Inc., Hartford
Capital Appreciation Fund, Inc., Hartford Dividend and Growth Fund, Inc.,
Hartford International Opportunities Fund, Inc., and Hartford Stock Fund, Inc.
pursuant to an Investment Management Agreement for which HIMCO receives a fee.
In addition, with respect to these five Funds, HIMCO has a Sub-Investment
Advisory Agreement with Wellington Management Company ("Wellington Management")
to provide an investment program to HIMCO for utilization by HIMCO in rendering
services to these funds. Wellington Management is a professional investment
counseling firm which provides investment services to investment companies,
other institutions and individuals. Wellington Management is organized as a
private Massachusetts partnership and its predecessor organizations have
provided investment advisory services to investment companies since 1933 and to
investment counseling clients since 1960. See the accompanying prospectuses for
each of the Funds for a more complete description of HIMCO and Wellington
Management and their respective fees.

PUTNAM FUNDS

Putnam Management, One Post Office Square, Boston, Massachusetts, 02109,
serves as the investment manager for the Putnam Funds. An affiliate, Putnam
Advisory Company, Inc. manages domestic and foreign institutional accounts and
mutual funds. Another affiliate, Putnam Fiduciary Trust Company, provides
investment advice to institutional clients under its banking and fiduciary
policies. Putnam Management and its affiliates are wholly-owned subsidiaries of
Marsh & McLennan Companies, Inc., a publicly owned holding company whose
principal businesses are international insurance brokerage and employee benefit
consulting.

FIDELITY'S VARIABLE INSURANCE PRODUCTS FUNDS

Fidelity's Variable Insurance Products Funds are managed by Fidelity
Management & Research Company ("Fidelity Management"), whose principal business
address is 82 Devonshire Street, Boston, Massachusetts. Fidelity Management is
one of America's largest investment management organizations. It is composed of
a number of different subsidiaries and divisions, which provide a variety of
financial services and products. Fidelity Management is the original Fidelity
company, founded in 1946. It provides a number of mutual funds and other clients
with investment research and portfolio management services. Various Fidelity
companies perform certain activities required to operate Variable Insurance
Products Fund and Variable Insurance Products Fund II.

<PAGE>
24 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

THE FIXED ACCOUNT
THAT PORTION OF THE POLICY RELATING TO THE FIXED ACCOUNT IS NOT REGISTERED
UNDER THE SECURITIES ACT OF 1933 ("1933 ACT") AND THE FIXED ACCOUNT IS NOT
REGISTERED AS AN INVESTMENT COMPANY UNDER THE INVESTMENT COMPANY ACT OF 1940
("1940 ACT"). ACCORDINGLY, NEITHER THE FIXED ACCOUNT NOR ANY INTERESTS THEREIN
ARE SUBJECT TO THE PROVISIONS OR RESTRICTIONS OF THE 1933 ACT OR THE 1940 ACT,
AND THE DISCLOSURE REGARDING THE FIXED ACCOUNT HAS NOT BEEN REVIEWED BY THE
STAFF OF THE SECURITIES AND EXCHANGE COMMISSION. THE FOLLOWING DISCLOSURE ABOUT
THE FIXED ACCOUNT MAY BE SUBJECT TO CERTAIN GENERALLY APPLICABLE PROVISIONS OF
THE FEDERAL SECURITIES LAWS REGARDING THE ACCURACY AND COMPLETENESS OF
DISCLOSURE.

Depending upon applicable state law, the Policy Owner may choose to have
some or all Premium Payments or Account Values allocated to the Fixed Account.
Premium Payments and Account Values allocated to the Fixed Account become a part
of the general assets of Hartford Life. Hartford Life invests the assets of the
General Account in accordance with applicable law governing the investments of
insurance company general accounts.

The Fixed Account Minimum Credited Rate is shown in the Contract. Currently,
Hartford Life guarantees that it will credit interest at a rate of not less than
4% per year, compounded annually, to amounts allocated to the Fixed Account
under the Policy. Hartford Life may credit interest at a rate in excess of the
Fixed Account Minimum Credited Rate, however, Hartford Life is not obligated to
credit any interest in excess of the Fixed Account Minimum Credited Rate. There
is no specific formula for the determination of excess interest credits. Some of
the factors that Hartford Life may consider in determining whether to credit
excess interest to amounts allocated to the Fixed Account and the amount
thereof, are general economic trends, rates of return currently available and
anticipated on Hartford Life's investments, regulatory and tax requirements and
competitive factors. ANY INTEREST CREDITED TO AMOUNTS ALLOCATED TO THE FIXED
ACCOUNT IN EXCESS OF THE FIXED ACCOUNT MINIMUM CREDITED RATE WILL BE DETERMINED
IN THE SOLE DISCRETION OF HARTFORD LIFE. THE POLICY OWNER ASSUMES THE RISK THAT
INTEREST CREDITED TO FIXED ACCOUNT ALLOCATIONS MAY NOT EXCEED THE FIXED ACCOUNT
MINIMUM CREDITED RATE.
OTHER MATTERS
VOTING RIGHTS

In accordance with its view of presently applicable law, Hartford Life will
vote the shares of the Funds at regular and special meetings of the shareholders
of the Funds in accordance with instructions from Policy Owners (or the assignee
of the Policy, as the case may be) having a voting interest in Separate Account
VL I. The number of shares held in the Separate Account which are allocable to
each Policy Owner is determined by dividing the Policy Owner's interest in each
Sub-Account by the net asset value of the applicable shares of the Funds.
Hartford Life will vote shares for which no instructions have been given and
shares which are not allocable to Policy Owners (i.e., shares owned by Hartford
Life) in the same proportion as it votes shares for which it has received
instructions. If the Investment Company Act of 1940 or any rule promulgated
thereunder should be amended, however, or if Hartford Life's present
interpretation should change and, as a result, Hartford Life determines it is
permitted to vote the shares of the Funds in its own right, it may elect to do
so.

The voting interests of the Policy Owner (or the assignee) in the Funds will
be determined as follows: Policy Owners may cast one vote for each full or
fractional Accumulation Unit owned under the Policy and allocated to a
Sub-Account the assets of which are invested in the particular Fund on the
record date for the shareholder meeting for that Fund. If, however, a Policy
Owner has taken a loan secured by the Policy, amounts transferred from the Sub-
Account(s) to the Loan Account(s) in connection with the loan (see "Detailed
Description of Policy Benefits and Provisions -- Policy Loans," pages 11 and 12)
will not be considered in determining the voting interests of the Policy Owner.
Policy Owners should review the prospectuses for the Funds which accompany this
Prospectus to determine matters on which shareholders may vote.

Hartford Life may, when required by state insurance regulatory authorities,
disregard voting instructions if the instructions require that the shares be
voted so as to cause a change in the sub-classification or investment objective
of one or more of the Funds or to approve or disapprove an investment advisory
policy for the Funds. In addition, Hartford Life itself may disregard voting
instructions in favor of changes initiated by a Policy Owner in the investment
policy or the investment adviser of the Funds if Hartford Life reasonably
disapproves of such changes. A change would be disapproved only if the proposed
change is contrary to state law or prohibited by state regulatory authorities.
In the event Hartford Life does disregard voting instructions, a summary of that
action and the reasons for such action will be included in the next periodic
report to Policy Owners.
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 25
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STATEMENTS TO POLICY OWNERS

We will send You a statement at least once each Policy Year, showing:

1. the current Account Value, Cash Surrender Value and Face Amount;

2. the premium paid, Monthly Deduction Amounts and loans since the last report;

3. the amount of any Indebtedness;

4. notifications required by the provisions of the Policy; and

5. any other information required by the Insurance Department of the State
where the Policy was delivered.
LIMIT ON RIGHT TO CONTEST

Hartford Life may not contest the validity of the Policy after it has been
in effect during the lifetime of the Insured for two years from the Issue Date.
If the Policy is reinstated, the two-year period is measured from the date of
reinstatement. In addition, if the Insured commits suicide in the two-year
period, or such period as specified in state law, the benefit payable will be
limited to the premium paid less any Indebtedness and withdrawals.
MISSTATEMENT AS TO AGE

If the age of an Insured is incorrectly stated, the amount of Death Benefit
will be appropriately adjusted as specified in the Policy.
PAYMENT OPTIONS

Proceeds under the Policy may be paid in a lump sum or may be applied to one
of Hartford Life's payment options. The minimum amount that may be placed under
a payment option is subject to the then current rules of Hartford Life. Once
payments under Options 2, 3 or 4 commence, no surrender of the Policy may be
made for the purpose of receiving a lump sum settlement in lieu of the life
insurance payments. The following options are available under the Policy.

FIRST OPTION -- Interest Income

Payments of interest at the rate We declare, but not less than 3 1/2% per
year, on the amount applied under this option.
SECOND OPTION -- Income of Fixed Amount
Equal payments of the amount chosen until the amount applied under this
option, with interest of not less than 3 1/2% per year, is exhausted. The final
payment will be for the balance remaining.

THIRD OPTION -- Payments for a Fixed Period

An amount payable monthly for the number of years selected which may be from
1 to 30 years.

FOURTH OPTION -- Life Income

LIFE ANNUITY -- an annuity payable monthly during the lifetime of the
annuitant and terminating with the last monthly payment due preceding the
death of the annuitant.

LIFE ANNUITY WITH 120 MONTHLY PAYMENTS CERTAIN -- an annuity providing
monthly income to the annuitant for a fixed period of 120 months and for
as long thereafter as the annuitant shall live.

The Tables in the Policy provide for guaranteed dollar amounts of monthly
payments for each $1,000 applied under the four Payment Options. Under the
Fourth Option, the amount of each payment will depend upon the age of the
Annuitant at the time the first payment is due. If any periodic payment due any
payee is less than $200, Hartford Life may make payments less often.

The Table for the Fourth Option is based on the 1983a Individual Annuity
Mortality Table set back one year and a net investment rate of 3.5% per annum.
The Tables for the First, Second and Third Options are based on a net investment
rate of 3.5% per annum. Hartford Life may, however, from time to time, at Our
discretion if mortality appears more favorable and interest rates justify, apply
other tables which will result in higher monthly payments for each $1,000
applied under one or more of the four Payment Options.

Hartford Life will make any other arrangements for income payments as may be
agreed on.
BENEFICIARY

The applicant names the Beneficiary in the application for the Policy. The
Policy Owner may change the Beneficiary (unless irrevocably named) during the
lifetime of the Insured by written request to Hartford Life. If no Beneficiary
is living when the Insured dies, the Death Proceeds will be paid to the Policy
Owner if living; otherwise to the Policy Owner's estate.
ASSIGNMENT

The Policy may be assigned as collateral for a loan or other obligation.
Hartford Life is not responsible for any payment made or action taken before
receipt of written notice of such assignment. Proof of interest must be filed
with any claim under a collateral assignment.
DIVIDENDS

No dividends will be paid under the Policy.
SUPPLEMENTAL BENEFITS

The following supplemental benefits, which are subject to the restrictions
and limitations set forth therein, are among the options that may be included in
a Policy by rider. The Monthly Deduction Amount will be increased to include the
charges for any rider.
<PAGE>
26 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

MATURITY DATE EXTENSION RIDER

We will extend the Scheduled Maturity Date (the date on which the Policy
will mature) to the date of the death of the Insured regardless of the age of
the Insured. Certain Death Benefit and premium restrictions apply. See "Income
Taxation of Policy Benefits," pages 28 and 29.

TERM INSURANCE RIDER

We will pay an amount upon the death of a designated insured person other
than the Insured Person while this Policy remains in force.
DEDUCTION AMOUNT WAIVER RIDER

Subject to certain age and underwriting restrictions, the Policy may include
a Deduction Amount Waiver Rider. This rider provides for the waiver of the
Policy's Monthly Deduction Amounts in the event of total disability prior to the
Insured reaching Attained Age 65 and continuing for at least six months. The
number of Monthly Deduction Amounts waived depends on the Insured's Attained Age
when the disability began. If this rider is added, the Monthly Deduction Amounts
will be increased to include the charges for this rider.
WAIVER OF SPECIFIED AMOUNT DISABILITY BENEFIT RIDER

If the Insured becomes totally disabled, We will credit the Policy with a
premium equal to the Specified Amount Disability Benefit for as long as the
Insured remains totally disabled, subject to certain qualifications and
restrictions.
ACCIDENTAL DEATH BENEFIT RIDER

Subject to certain age and underwriting requirements, the Policy may include
an Accidental Death Benefit Rider. This rider provides for an increase in the
amount paid upon the death of the Insured if the death results from an accident.

EXECUTIVE OFFICERS AND DIRECTORS

HARTFORD LIFE INSURANCE COMPANY 27
- --------------------------------------------------------------------------------

<TABLE>
<CAPTION>
OTHER BUSINESS PROFESSION,
VOCATION OR EMPLOYMENT
POSITION WITH ITT HARTFORD, FOR PAST 5 YEARS;
NAME, AGE YEAR OF ELECTION OTHER DIRECTORSHIPS
- -------------------------------- ---------------------------------- -------------------------------------------------------------
<S> <C> <C>
Lynda Godkin, 42 General Counsel, 1996 Corporate Associate General Counsel and Corporate Secretary
Secretary, 1995 (1995-Present); Assistant General Counsel and Secretary
(1994); Counsel (1990), Hartford Life.
Lois W. Grady, 51 Vice President, 1993 Vice President (1993-Present); Assistant Vice President
(1988), Hartford Life.
David A. Hall, 42 Senior Vice President and Actuary, Senior Vice President and Actuary (1992-Present), Hartford
1992 Life.
Joseph Kanarek, 48 Vice President, 1991 Vice President (1991-Present), Hartford Life.
Robert A. Kerzner, 44 Vice President, 1994 Vice President (1994-Present); Regional Vice President
(1991); Life Sales Manager (1990), Hartford Life.
Kevin J. Kirk, 44 Vice President, 1992 Vice President (1992-Present); Assistant Vice President;
Assistant Director, Asset Management Services (1985);
Hartford Life.
Andrew W. Kohnke, 47 Vice President, 1992 Vice President (1992-Present); Assistant Vice President
(1989), Hartford Life.
Steven M. Maher, 41 Vice President and Actuary, 1993 Vice President and Actuary (1993-Present); Assistant Vice
President (1987), Hartford Life.
William B. Malchodi, Jr., 45 Vice President, 1994 Director or Vice President (1994-Present); Director of Taxes
Taxes, 1992 (1992-Present); Assistant General Counsel and Assistant
Director of Taxes (1986), Hartford Insurance Group.
Thomas M. Marra, 37 Executive Vice President, 1966 Executive Vice President and Director Individual Life and
Director, 1994* Annuity Division (1996-Present); Senior Vice President and
Director, Individual Life and Annuity Division (1993-1996);
Director of Individual Annuities (1991), Hartford Life.
Robert F. Nolan, 41 Vice President, 1995 Vice President (1995-Present), Assistant Vice President
Hartford Life; Manager Public Relations (1986), Aetna Life
and Casualty Insurance Co.
Joseph J. Noto, 44 Vice President, 1989 Vice President (1989-Present), Hartford Life.
Leonard E. Odell, Jr., 51 Senior Vice President, 1994 Senior Vice President (1994-Present); Vice President and
Director, 1994* Chief Actuary (1982), Hartford Life.
Michael C. O'Halloran, 59 Vice President, 1994 Associate Vice President (1994-Present); Senior Associate General
General Counsel, 1988 Counsel and Director (1988-Present), Law Department,
Hartford Insurance Group.
Craig D. Raymond, 35 Vice President, 1993 Chief Vice President and Chief Actuary (1994-Present); Vice
Actuary, 1994 President (1993); Assistant Vice President (1992); Actuary
(1989-1994), Hartford Life.
Lowndes A. Smith, 56 President and Chief Operating President and Chief Operating Officer (1989-Present),
Officer, 1989 Director, 1981* Hartford Life; Senior Vice President and Group Controller
(1987), Hartford Insurance Group.
Edward J. Sweeney, 39 Vice President, 1993 Vice President (1993-Present); Chicago Regional Manager
(1985-1993), Hartford Life.
James E. Trimble, 39 Vice President and Actuary, 1990 Vice President (1990-Present); Assistant Vice President
(1987-1990), Hartford Life.
Raymond P. Welnicki, 47 Senior Vice President, 1993 Senior Vice President (1994-Present); Vice President (1993),
Director, 1994* Hartford Life; Board of Directors, Ethix Corp., formerly
employed by Aetna Life & Casualty.
Walter C. Welsh, 49 Vice President, 1995 Vice President (1995-Present); Assistant Vice President
(1993), Hartford Life.
James J. Westervelt, 49 Senior Vice President, Group Senior Vice President and Group Controller (1994-Present);
Controller, 1994 Vice President and (1989), Hartford Insurance Group.
Lizabeth H. Zlatkus, 37 Vice President, 1994 Director, Vice President (1994-Present); Assistant Vice President
1994* (1992); Hartford Life; formerly Director, Hartford
Insurance Group.
- ------------------------
* Denotes date of election to Board of Directors.
** ITT Hartford Affiliated Company.
</TABLE>
<PAGE>
28 Hartford Life Insurance Company
- --------------------------------------------------------------------------------

DISTRIBUTION OF THE POLICY

Hartford Life intends to sell the Policy in all jurisdictions where it is
licensed to do business. The Policy will be sold by life insurance sales
representatives who represent Hartford Life and who are registered
representatives of Hartford Equity Sales Company, Inc. ("HESCO"), or certain
other independent registered Broker-Dealers. Any sales representative or
employee will be qualified to sell variable life insurance policies under
applicable federal and state laws. Each Broker-Dealer is registered with the
Securities and Exchange Commission under the Securities Exchange Act of 1934 and
all are members of the National Association of Securities Dealers, Inc. HESCO is
the principal underwriter for the Policy. During the first Policy Year, the
maximum sales commission payable to Hartford Life agents, independent registered
insurance brokers, and other registered Broker-Dealers, is 45% of the premium
paid up to a Target Premium, 2.0% of premium paid between the Target Premium and
a 2nd Tier Target Premium and 1.0% of premium paid in excess of the 2nd Tier
Target Premium. In Policy Years 2 and later, sales representative commissions
will not exceed 2.0% of the premiums paid. In addition, expense allowances may
be paid. The sales representative may be required to return all or a portion of
the commissions paid if the Policy terminates prior to the second Policy
Anniversary.
SAFEKEEPING OF SEPARATE
ACCOUNT VL I'S ASSETS

The assets of the Separate Account are held by Hartford Life. The assets of
the Separate Account are kept physically segregated and held separate and apart
from the General Account of Hartford Life. Hartford Life maintains records of
all purchases and redemptions of shares of the Fund. Additional protection for
the assets of the Separate Account is afforded by Hartford Life's blanket
fidelity bond issued by Aetna Casualty and Surety Company, in the aggregate
amount of $50 million, covering all of the officers and employees of Hartford
Life.

FEDERAL TAX CONSIDERATIONS
GENERAL

SINCE THE TAX LAW IS COMPLEX AND SINCE TAX CONSEQUENCES WILL VARY ACCORDING
TO THE ACTUAL STATUS OF THE POLICY OWNER INVOLVED, LEGAL AND TAX ADVICE MAY BE
NEEDED BY A PERSON, EMPLOYER OR OTHER ENTITY CONTEMPLATING THE PURCHASE OF A
POLICY DESCRIBED HEREIN.

It should be understood that any detailed description of the Federal income
tax consequences regarding the purchase of these Policies cannot be made in this
Prospectus and that special tax rules may be applicable with respect to certain
purchase situations not discussed herein. In addition, no attempt is made here
to consider any applicable state or other tax laws. For detailed information, a
qualified tax adviser should always be consulted. This discussion of Federal tax
considerations is based upon Hartford Life's understanding of current Federal
income tax laws as they are currently interpreted.

TAXATION OF HARTFORD LIFE AND
THE SEPARATE ACCOUNT

The Separate Account is taxed as a part of Hartford Life which is taxed as a
life insurance company under Subchapter L of the Internal Revenue Code ("Code").
Accordingly, the Separate Account will not be taxed as a "regulated investment
company" under Subchapter M of the Code. Investment income and realized capital
gains on the assets of the Separate Account (the underlying Funds) are
reinvested and are taken into account in determining the value of the
Accumulation Units (see "Contract Benefits and Right -- Account Values," on page
10). As a result, such investment income and realized capital gains are
automatically applied to increase reserves under the Policy.

Hartford Life does not expect to incur any Federal income tax on the
earnings or realized capital gains attributable to the Separate Account. Based
upon this expectation, no charge is currently being made to the Separate Account
for Federal income taxes. If Hartford Life incurs income taxes attributable to
the Separate Account or determines that such taxes will be incurred, it may
assess a charge for such taxes against the Separate Account.

INCOME TAXATION OF POLICY BENEFITS

For Federal income tax purposes, the Policies should be treated as life
insurance contracts under Section 7702 of the Code. The death benefit under a
life insurance contract is generally excluded from the gross income of the
beneficiary. Also, a life insurance Policy Owner is generally not taxed on
increments in the contract value until the Policy is partially or completely
surrendered. Section 7702 limits the amount of premium that may be invested in a
Policy that is treated as life insurance. Hartford Life intends to monitor
premium levels to assure compliance with the Section 7702 requirements.

During the first fifteen Policy Years, an "income first" rule generally
applies to distributions of cash required to be

<PAGE>
HARTFORD LIFE INSURANCE COMPANY 29
- --------------------------------------------------------------------------------

made under Code Section 7702 because of a reduction in benefits under the
Policy.

The Maturity Date Extension Rider allows a Policy Owner to extend the
Maturity Date to the date of the Insured's death. If the Maturity Date of the
Policy is extended by rider, Hartford Life believes that the Policy will
continue to be treated as a life insurance contract for federal income tax
purposes after the scheduled Maturity Date. However, due to the lack of specific
guidance on this issue, the result is not certain. If the Policy is not treated
as a life insurance contract for federal income tax purposes after the scheduled
Maturity Date, among other things, the Death Proceeds may be taxable to the
recipient. The Policy Owner should consult a qualified tax adviser regarding the
possible adverse tax consequences resulting from an extension of the scheduled
Maturity Date.

MODIFIED ENDOWMENT CONTRACTS

A life insurance contract is treated as a "modified endowment contract"
under Section 7702A of the Code if it meets the definition of life insurance in
Section 7702 but fails the "seven-pay" test of Section 7702A. The seven-pay test
provides that premium cannot be paid at a rate more rapidly than that allowed by
the payment of seven annual premiums using specified computational rules
provided in Section 7702A(c). The large single premium permitted under the
Policy does not meet the specified computational rules for the "seven-pay test"
under Section 7702A(c). Therefore, the Policy will generally be treated as a
modified endowment contract for federal income tax purposes. However, an
exchange under Section 1035 of the Code of a life insurance contract issued
before June 21, 1988 will not cause the new Policy to be treated as a modified
endowment contract if no additional premiums are paid and there is no change in
the death benefit as the result of the exchange.

A contract that is classified as modified endowment contract is generally
eligible for the beneficial tax treatment accorded to life insurance. That is,
the death benefit is excluded from income and increments in value are not
subject to current taxation. However, a loan, distributions or other amounts
received from a modified endowment contract during the life of the Insured will
be taxed to the extent of any accumulated income in the contract (generally, the
excess of account value over premiums paid). Amounts that are taxable
withdrawals will be subject to a 10% additional tax, with certain exceptions.

All modified endowment contracts that are issued within any calendar year to
the same Policy Owner by one company or its affiliates shall be treated as one
modified endowment contract in determining the taxable portion of any loan or
distributions.

ESTATE AND GENERATION SKIPPING TAXES

When the Insured dies, the Death Proceeds will generally be includible in
the Policy Owner's estate for purposes of federal estate tax if the Insured
owned the Policy. Nothing would be includible in the last surviving Insured's
estate if he or she neither retained incidents of ownership at death nor had
given up ownership within three years before death.

Federal estate tax is integrated with federal gift tax under a unified rate
schedule. In general, estates less than $600,000 will not incur a federal estate
tax liability. In addition, an unlimited marital deduction may be available for
federal estate and gift tax purposes. The unlimited marital deduction permits
the deferral of taxes until the death of the surviving spouse.

If the Policy Owner (whether or not he or she is the Insured) transfers
ownership of the Policy to someone two or more generations younger, the transfer
may be subject to the generation-skipping transfer tax, the taxable amount being
the value of the Policy. The generation-skipping transfer tax provisions
generally apply to transfers which would be subject to the gift and estate tax
rules. Individuals are generally allowed an aggregate generation skipping
transfer exemption of $1 million. Because these rules are complex, the Policy
Owner should consult with a qualified tax adviser for specific information if
ownership is passing to younger generations.

DIVERSIFICATION REQUIREMENTS

Section 817 of the Code provides that a variable life insurance contract
(other than a pension plan policy) will not be treated as a life insurance
contract for any period during which the investments made by the separate
account or underlying fund are not adequately diversified in accordance with
regulations prescribed by the Treasury Department. If a Policy is not treated as
a life insurance contract, the Policy Owner will be subject to income tax on the
annual increases in cash value.

The Treasury Department has issued diversification regulations which
generally require, among other things, that no more than 55% of the value of the
total assets of the segregated asset account underlying a variable contract is
represented by any one investment, no more than 70% is represented by any two
investments, no more than 80% is represented by any three investments, and no
more than 90% is represented by any four investments. In determining whether the
diversification standards are met, all securities of the same issuer, all
interests in the same real property project, and all interests in the same
commodity are each treated as a single investment. In addition, in the case of
government securities, each government agency or instrumentality shall be
treated as a separate issuer.
<PAGE>
30 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

A separate account must be in compliance with the diversification standards
on the last day of each calendar quarter or within 30 days after the quarter
ends. If an insurance company inadvertently fails to meet the diversification
requirements, the company may comply within a reasonable period and avoid the
taxation of policy income on an ongoing basis. However, either the company or
the Policy Owner must agree to pay the tax due for the period during which the
diversification requirements were not met.

Hartford Life monitors the diversification of investments in the separate
accounts and tests for diversification as required by the Code. Hartford Life
intends to administer all contracts subject to the diversification requirements
in a manner that will maintain adequate diversification.
OWNERSHIP OF THE ASSETS IN
THE SEPARATE ACCOUNT

In order for a variable life insurance contract to qualify for tax deferral,
assets in the segregated asset accounts supporting the variable contract must be
considered to be owned by the insurance company and not by the variable contract
owner. The Internal Revenue Service ("IRS") has issued several rulings which
discuss investor control. The IRS has ruled that incidents of ownership by the
contract owner, such as the ability to select and control investments in a
separate account, will cause the contract owner to be treated as the owner of
the assets for tax purposes.

Further, in the explanation to the temporary Section 817 diversification
regulations, the Treasury Department noted that the temporary regulations "do
not provide guidance concerning the circumstances in which investor control of
the investments of a segregated asset account may cause the investor, rather
than the insurance company, to be treated as the owner of the assets in the
account." The explanation further indicates that "the temporary regulations
provide that in appropriate cases a segregated asset account may include
multiple sub-accounts, but do not specify the extent to which policyholders may
direct their investments to particular sub-accounts without being treated as the
owners of the underlying assets. Guidance on this and other issues will be
provided in regulations or revenue rulings under section 817(d), relating to the
definition of variable contract." The final regulations issued under Section 817
did not provide guidance regarding investor control, and as of the date of this
Prospectus, no other such guidance has been issued. Further, Hartford Life does
not know if or in what form such guidance will be issued. In addition, although
regulations are generally issued with prospective effect, it is possible that
regulations may be issued with retroactive effect. Due to the lack of specific
guidance regarding the issue of investor control, there is necessarily some
uncertainty regarding whether a Policy Owner could be considered the owner of
the assets for tax purposes. Hartford Life reserves the right to modify the
contracts, as necessary, to prevent Policy Owners from being considered the
owners of the assets in the separate accounts.

LIFE INSURANCE PURCHASED FOR USE
IN SPLIT DOLLAR ARRANGEMENTS

On January 26, 1996, the IRS released a technical advice memorandum ("TAM")
on the taxability of life insurance policies used in certain split dollar
arrangements. A TAM, issued by the National Office of the IRS, provides advice
as to the internal revenue laws, regulations, and related statutes with respect
to a specific set of facts and a specific taxpayer. In the TAM, among other
things, the IRS concluded that an employee was subject to current taxation on
the excess of the cash surrender value of the policy over the premiums to be
returned to the employer. Purchasers of life insurance policies to be used in
split dollar arrangements are strongly advised to consult with a qualified tax
adviser to determine the tax treatment resulting from such an arrangement.

FEDERAL INCOME TAX WITHHOLDING

If any amounts are deemed to be current taxable income to the Policy Owner,
such amounts will be subject to federal income tax withholding and reporting,
pursuant to the Code.

NON-INDIVIDUAL OWNERSHIP OF POLICIES

Legislation has recently been proposed which would limit certain of the tax
advantages now afforded non-individual owners of life insurance contracts.
Prospective Policy Owners which are not individuals should consult a tax adviser
to determine the status of this proposed legislation and its potential impact on
the purchaser.

OTHER TAX CONSIDERATIONS

Federal estate tax, state and local estate, inheritance and other tax
consequences of ownership, or receipt of Policy proceeds depend on the
circumstances of each Policy Owner or beneficiary. A tax adviser should be
consulted to determine the impact of these taxes.

LIFE INSURANCE PURCHASES BY NONRESIDENT
ALIENS AND FOREIGN CORPORATIONS

The discussion above provides general information regarding U.S. federal
income tax consequences to life insurance purchasers that are U.S. citizens or
residents. Purchasers that are not U.S. citizens or residents will generally be
subject to U.S. federal income tax and withholding on taxable distributions from
life insurance policies at a 30% rate, unless a lower treaty rate applies. In
addition,
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 31
- --------------------------------------------------------------------------------

purchasers may be subject to state and/or municipal taxes and taxes that may be
imposed by the purchaser's country of citizenship or residence. Prospective
purchasers are advised to consult with a qualified tax advisor regarding U.S.
state, and foreign taxation with respect to a life insurance policy purchase.
LEGAL PROCEEDINGS

There are no pending material legal proceedings affecting the Policy,
Separate Account VL I or any of the Funds.
LEGAL MATTERS

Legal matters in connection with the issue and sale of the flexible premium
variable life insurance policies described in this Prospectus and the
organization of Hartford Life, its authority to issue the Policy under
Connecticut law and the validity of the forms of the Policy under Connecticut
law and legal matters relating to the Federal securities and income tax laws
have been passed on by Lynda Godkin, General Counsel and Secretary of Hartford
Life.

EXPERTS

The financial statements and schedules for Hartford Life Insurance Company
and Hartford Life Insurance Company Separate Account VL I included in this
Prospectus and Registration Statement have been audited by Arthur Andersen LLP,
independent public accountants, as indicated in their reports with respect
thereto, and are included herein in reliance upon the authority of said firm as
experts in accounting and auditing in giving said reports. Reference is made to
said report on the financial statements of Hartford Life Insurance Company (the
depositor), which includes an explanatory paragraph with respect to the adoption
of new accounting standards changing the method of accounting for debt and
equity securities, effective January 1, 1994. The principal business address of
Arthur Andersen LLP is One Financial Plaza, Hartford, Connecticut 06103.

The hypothetical Policy illustrations included in this Prospectus and
Registration Statement have been approved by Ken A. McCullum, FSA, and MAAA,
Director of Individual Life Product Development, and are included in reliance
upon his opinion as to their reasonableness.
REGISTRATION STATEMENT

A registration statement has been filed with the Securities and Exchange
Commission under the Securities Act of 1933 as amended. This Prospectus does not
contain all information set forth in the registration statement, its amendments
and exhibits, to all of which reference is made for further information
concerning Separate Account VL I, Hartford Life, and the Policy.
<PAGE>
32 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

APPENDIX A
ILLUSTRATION OF DEATH BENEFITS, ACCOUNT VALUES
AND CASH SURRENDER VALUES

The tables in Appendix A illustrate the way in which a Policy operates. They
show how the death benefit and surrender value could vary over an extended
period of time assuming hypothetical gross rates of return equal to constant
after tax annual rates of 0%, 6% and 12%, and utilizing the Level, Return of
Account Value, and Return of Premium Death Benefit Options. The illustrations
assume the following: a male, preferred, age 45, with $250,000 of Face Amount
and a premium of $3,250.00 paid in all years.

The death benefit and surrender value for a Policy would be different from
those shown if the rates of return averaged 0%, 6% and 12% over a period of
years, but also fluctuated above or below those averages for individual Policy
Years. They would also differ if any contract loan were made during the period
of time illustrated.

The tables reflect the deductions of current Policy charges and guaranteed
Policy charges for a single gross interest rate, and Death Benefit Option. The
death benefits and surrender values would change if the current Cost of
Insurance charges change.

The amounts shown for the death benefit and surrender value as of the end of
each Policy Year take into account an average daily charge equal to an annual
charge of 0.70% of the average daily net assets of the Funds for investment
advisory and administrative services fees. The gross annual investment return
rates of 0%, 6% and 12% on the Fund's assets are equal to net annual investment
return rates (net of the 0.70% average daily charge) of -.70%, 5.30% and 11.30%,
respectively.

In addition, the death benefit and surrender value as of the end of each
Policy Year take into account the front-end sales load, federal tax charge,
premium tax charge, Cost of Insurance Charge, Monthly Administrative Fee,
Surrender Charge, and Mortality and Expense Risk Charge. For the purpose of the
illustrations in this Prospectus, the total tax charge, equal to the sum of the
premium tax charge and federal tax charge, is assumed to be an average of 3.5%.

The hypothetical returns shown in the tables are without any tax charges
that may be allocable to the Separate Account in the future. In order to produce
after tax returns of 0%, 6%, and 12%, the Separate Account would have to earn a
sufficient amount in excess of 0% or 6% or 12% to cover any tax charges (see
"Deductions and Charges from the Account Value -- Taxes," page 20).

The "Premium Paid Plus Interest" column of each table shows the amount which
would accumulate if the initial premium was invested to earn interest, after
taxes of 5% per year, compounded annually.

Hartford Life will furnish upon request, a comparable illustration
reflecting the proposed insureds age, risk classification, Face Amount or
initial premium requested, and reflecting guaranteed Cost of Insurance rates.
Hartford Life will also furnish an additional similar illustration reflecting
current Cost of Insurance rates which may be less than, but never greater than,
the guaranteed Cost of Insurance rates.
<PAGE>
Hartford Life Insurance Company 33
- --------------------------------------------------------------------------------

FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE
DEATH BENEFIT OPTION: LEVEL
$250,000 FACE AMOUNT
ISSUE AGE 45 MALE PREFERRED
$3,250 SCHEDULED PREMIUM

ASSUMING HYPOTHETICAL GROSS ANNUAL INVESTMENT RETURN OF 0% (-0.70% NET)

<TABLE>
<CAPTION>
CURRENT CHARGES* GUARANTEED CHARGES**
PREMIUMS ------------------------------------- ------------------------------------
END OF ACCUMULATED CASH CASH
CONTRACT AT 5% INTEREST ACCOUNT SURRENDER DEATH ACCOUNT SURRENDER DEATH
YEAR PER YEAR VALUE VALUE BENEFIT VALUE VALUE BENEFIT
------- ---------------- ----------- ---------- ---------- --------- ----------- ----------
<S> <C> <C> <C> <C> <C> <C> <C>
1 3,413 1,880 0*** 250,000 1,880 0*** 250,000
2 6,996 3,849 849*** 250,000 3,849 849*** 250,000
3 10,758 5,724 2,724 250,000 5,724 2,724 250,000
4 14,708 7,498 4,498 250,000 7,498 4,498 250,000
5 18,856 9,247 6,247 250,000 9,168 6,168 250,000
6 23,212 10,887 8,159 250,000 10,724 7,996 250,000
7 27,785 12,433 9,978 250,000 12,153 9,698 250,000
8 32,586 13,878 11,695 250,000 13,442 11,259 250,000
9 37,628 15,212 13,302 250,000 14,575 12,665 250,000
10 42,922 16,429 14,792 250,000 15,539 13,901 250,000
11 48,481 17,807 16,445 250,000 16,399 15,037 250,000
12 54,317 19,172 18,082 250,000 17,062 15,972 250,000
13 60,446 20,385 19,568 250,000 17,518 16,701 250,000
14 66,880 21,431 20,886 250,000 17,745 17,200 250,000
15 73,637 22,292 22,020 250,000 17,716 17,443 250,000
16 80,731 22,949 22,949 250,000 17,401 17,401 250,000
17 88,180 23,379 23,379 250,000 16,766 16,766 250,000
18 96,002 23,548 23,548 250,000 15,761 15,761 250,000
19 104,214 23,422 23,422 250,000 14,331 14,331 250,000
20 112,838 22,967 22,967 250,000 12,421 12,421 250,000
25 162,869 15,832 15,832 250,000 0 0 0
35 308,218 0 0 0 0 0 0

* THESE VALUES REFLECT INVESTMENT RESULTS USING CURRENT COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
** THESE VALUES REFLECT INVESTMENT RESULTS USING GUARANTEED COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
*** IF YOU SURRENDER YOUR POLICY DURING THE FIRST TWO POLICY YEARS, YOU WILL
RECEIVE A REFUND IN ADDITION TO THE CASH VALUES SHOWN. THE REFUND PLUS THE
CASH VALUE WOULD BE $0 IN YEAR ONE AND $1,182 IN YEAR TWO.
THESE VALUES REFLECT CURRENT FRONT-END SALES LOADS OF 2% IN YEARS 1 THROUGH
10 AND 0% THEREAFTER, AND GUARANTEED FRONT-END SALES LOADS OF 2% IN ALL
YEARS. THE SURRENDER CHARGE EFFECTIVE IN ANY YEAR CAN BE DETERMINED BY
SUBTRACTING THE CASH SURRENDER VALUE FROM THE ACCOUNT VALUE.
THE DEATH BENEFIT MAY, AND THE ACCOUNT VALUES AND CASH VALUES WILL DIFFER IF
PREMIUMS ARE PAID IN DIFFERENT AMOUNTS OR FREQUENCIES.
</TABLE>

THE HYPOTHETICAL INVESTMENT RESULTS SHOWN ABOVE AND ELSEWHERE IN THIS
PROSPECTUS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF
PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS
THAN THOSE SHOWN. THE DEATH BENEFIT, ACCOUNT VALUE AND CASH SURRENDER VALUE FOR
A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF ACTUAL INVESTMENT RETURN
APPLICABLE TO THE POLICY AVERAGE 0% OVER A PERIOD OF YEARS, BUT ALSO FLUCTUATED
ABOVE OR BELOW THAT AVERAGE FOR INDIVIDUAL POLICY YEARS. THE DEATH BENEFIT,
ACCOUNT VALUE AND CASH SURRENDER VALUE FOR A POLICY WOULD ALSO BE DIFFERENT FROM
THOSE SHOWN, DEPENDING ON THE INVESTMENT ALLOCATIONS MADE TO THE SEPARATE
ACCOUNTS AND THE RATES OF RETURN OF THE SEPARATE ACCOUNT IF THE ACTUAL RATES OF
INVESTMENT RETURN APPLICABLE TO THE POLICY AVERAGED 0%, BUT VARIED ABOVE OR
BELOW THAT AVERAGE FOR THE SEPARATE ACCOUNT. NO REPRESENTATION CAN BE MADE THAT
THIS HYPOTHETICAL RATE OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED
OVER ANY PERIOD OF TIME.
<PAGE>
34 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE
DEATH BENEFIT OPTION: LEVEL
$250,000 FACE AMOUNT
ISSUE AGE 45 MALE PREFERRED
$3,250 SCHEDULED PREMIUM

ASSUMING HYPOTHETICAL GROSS ANNUAL INVESTMENT RETURN OF 6% (5.30% NET)

<TABLE>
<CAPTION>
CURRENT CHARGES* GUARANTEED CHARGES**
PREMIUMS ------------------------------------ ------------------------------------
END OF ACCUMULATED CASH CASH
CONTRACT AT 5% INTEREST ACCOUNT SURRENDER DEATH ACCOUNT SURRENDER DEATH
YEAR PER YEAR VALUE VALUE BENEFIT VALUE VALUE BENEFIT
------- ---------------- ---------- ---------- ---------- --------- ----------- ----------
<S> <C> <C> <C> <C> <C> <C> <C>
1 3,413 2,026 0*** 250,000 2,026 0*** 250,000
2 6,996 4,264 1,264*** 250,000 4,264 1,264*** 250,000
3 10,758 6,536 3,536 250,000 6,536 3,536 250,000
4 14,708 8,838 5,838 250,000 8,838 5,838 250,000
5 18,856 11,245 8,245 250,000 11,164 8,164 250,000
6 23,212 13,678 10,951 250,000 13,506 10,779 250,000
7 27,785 16,154 13,699 250,000 15,853 13,398 250,000
8 32,586 18,666 16,484 250,000 18,189 16,006 250,000
9 37,628 21,207 19,297 250,000 20,499 18,589 250,000
10 42,922 23,772 22,134 250,000 22,767 21,130 250,000
11 48,481 26,694 25,331 250,000 25,086 23,724 250,000
12 54,317 29,775 28,685 250,000 27,344 26,254 250,000
13 60,446 32,887 32,070 250,000 29,529 28,711 250,000
14 66,880 36,021 35,476 250,000 31,619 31,074 250,000
15 73,637 39,162 38,890 250,000 33,585 33,313 250,000
16 80,731 42,297 42,297 250,000 35,397 35,397 250,000
17 88,180 45,410 45,410 250,000 37,019 37,019 250,000
18 96,002 48,472 48,472 250,000 38,397 38,397 250,000
19 104,214 51,459 51,459 250,000 39,475 39,475 250,000
20 112,838 54,342 54,342 250,000 40,193 40,193 250,000
25 162,869 67,602 67,602 250,000 35,923 35,923 250,000
35 308,218 56,159 56,159 250,000 0 0 0

* THESE VALUES REFLECT INVESTMENT RESULTS USING CURRENT COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
** THESE VALUES REFLECT INVESTMENT RESULTS USING GUARANTEED COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
*** IF YOU SURRENDER YOUR POLICY DURING THE FIRST TWO POLICY YEARS, YOU WILL
RECEIVE A REFUND IN ADDITION TO THE CASH VALUES SHOWN. THE REFUND PLUS THE
CASH VALUE WOULD BE $0 IN YEAR ONE AND $1,597 IN YEAR TWO.
THESE VALUES REFLECT CURRENT FRONT-END SALES LOADS OF 2% IN YEARS 1 THROUGH
10 AND 0% THEREAFTER, AND GUARANTEED FRONT-END SALES LOADS OF 2% IN ALL
YEARS. THE SURRENDER CHARGE EFFECTIVE IN ANY YEAR CAN BE DETERMINED BY
SUBTRACTING THE CASH SURRENDER VALUE FROM THE ACCOUNT VALUE.
THE DEATH BENEFIT MAY, AND THE ACCOUNT VALUES AND CASH VALUES WILL DIFFER IF
PREMIUMS ARE PAID IN DIFFERENT AMOUNTS OR FREQUENCIES.
</TABLE>

THE HYPOTHETICAL INVESTMENT RESULTS SHOWN ABOVE AND ELSEWHERE IN THIS
PROSPECTUS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF
PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS
THAN THOSE SHOWN. THE DEATH BENEFIT, ACCOUNT VALUE AND CASH SURRENDER VALUE FOR
A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF ACTUAL INVESTMENT RETURN
APPLICABLE TO THE POLICY AVERAGE 6% OVER A PERIOD OF YEARS, BUT ALSO FLUCTUATED
ABOVE OR BELOW THAT AVERAGE FOR INDIVIDUAL POLICY YEARS. THE DEATH BENEFIT,
ACCOUNT VALUE AND CASH SURRENDER VALUE FOR A POLICY WOULD ALSO BE DIFFERENT FROM
THOSE SHOWN, DEPENDING ON THE INVESTMENT ALLOCATIONS MADE TO THE SEPARATE
ACCOUNTS AND THE RATES OF RETURN OF THE SEPARATE ACCOUNT IF THE ACTUAL RATES OF
INVESTMENT RETURN APPLICABLE TO THE POLICY AVERAGED 6%, BUT VARIED ABOVE OR
BELOW THAT AVERAGE FOR THE SEPARATE ACCOUNT. NO REPRESENTATION CAN BE MADE THAT
THIS HYPOTHETICAL RATE OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED
OVER ANY PERIOD OF TIME.
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 35
- --------------------------------------------------------------------------------

FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE
DEATH BENEFIT OPTION: LEVEL
$250,000 FACE AMOUNT
ISSUE AGE 45 MALE PREFERRED
$3,250 SCHEDULED PREMIUM

ASSUMING HYPOTHETICAL GROSS ANNUAL INVESTMENT RETURN OF 12% (11.30% NET)

<TABLE>
<CAPTION>
CURRENT CHARGES* GUARANTEED CHARGES**
PREMIUMS -------------------------------------- -------------------------------------
END OF ACCUMULATED CASH CASH
CONTRACT AT 5% INTEREST ACCOUNT SURRENDER DEATH ACCOUNT SURRENDER DEATH
YEAR PER YEAR VALUE VALUE BENEFIT VALUE VALUE BENEFIT
------- ---------------- ----------- ----------- ---------- ---------- ----------- ----------
<S> <C> <C> <C> <C> <C> <C> <C>
1 3,413 2,173 0*** 250,000 2,173 0*** 250,000
2 6,996 4,698 1,698*** 250,000 4,698 1,698*** 250,000
3 10,758 7,420 4,420 250,000 7,420 4,420 250,000
4 14,708 10,354 7,354 250,000 10,354 7,354 250,000
5 18,856 13,600 10,600 250,000 13,517 10,517 250,000
6 23,212 17,105 14,377 250,000 16,925 14,197 250,000
7 27,785 20,915 18,460 250,000 20,952 18,137 250,000
8 32,586 25,055 22,873 250,000 24,535 22,353 250,000
9 37,628 29,554 27,644 250,000 28,770 26,860 250,000
10 42,922 34,447 32,809 250,000 33,319 31,681 250,000
11 48,481 40,191 38,828 250,000 38,355 36,992 250,000
12 54,317 46,601 45,511 250,000 43,793 42,703 250,000
13 60,446 53,629 52,811 250,000 49,680 48,862 250,000
14 66,880 61,341 60,796 250,000 56,058 55,513 250,000
15 73,637 69,814 69,541 250,000 62,976 62,704 250,000
16 80,731 79,136 79,136 250,000 70,490 70,490 250,000
17 88,180 89,410 89,410 250,000 78,668 78,668 250,000
18 96,002 100,750 100,750 250,000 87,577 87,577 250,000
19 104,214 113,291 113,291 250,000 97,304 97,304 250,000
20 112,838 127,198 127,198 250,000 107,961 107,961 250,000
25 162,869 226,444 226,444 250,000 181,353 181,353 250,000
35 308,218 681,239 681,239 250,000 531,802 531,802 250,000

* THESE VALUES REFLECT INVESTMENT RESULTS USING CURRENT COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
** THESE VALUES REFLECT INVESTMENT RESULTS USING GUARANTEED COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
*** IF YOU SURRENDER YOUR POLICY DURING THE FIRST TWO POLICY YEARS, YOU WILL
RECEIVE A REFUND IN ADDITION TO THE CASH VALUES SHOWN. THE REFUND PLUS THE
CASH VALUE WOULD BE $0 IN YEAR ONE AND $2,031 IN YEAR TWO.
THESE VALUES REFLECT CURRENT FRONT-END SALES LOADS OF 2% IN YEARS 1 THROUGH
10 AND 0% THEREAFTER, AND GUARANTEED FRONT-END SALES LOADS OF 2% IN ALL
YEARS. THE SURRENDER CHARGE EFFECTIVE IN ANY YEAR CAN BE DETERMINED BY
SUBTRACTING THE CASH SURRENDER VALUE FROM THE ACCOUNT VALUE.
THE DEATH BENEFIT MAY, AND THE ACCOUNT VALUES AND CASH VALUES WILL DIFFER IF
PREMIUMS ARE PAID IN DIFFERENT AMOUNTS OR FREQUENCIES.
</TABLE>

THE HYPOTHETICAL INVESTMENT RESULTS SHOWN ABOVE AND ELSEWHERE IN THIS
PROSPECTUS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF
PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS
THAN THOSE SHOWN. THE DEATH BENEFIT, ACCOUNT VALUE AND CASH SURRENDER VALUE FOR
A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF ACTUAL INVESTMENT RETURN
APPLICABLE TO THE POLICY AVERAGE 12% OVER A PERIOD OF YEARS, BUT ALSO FLUCTUATED
ABOVE OR BELOW THAT AVERAGE FOR INDIVIDUAL POLICY YEARS. THE DEATH BENEFIT,
ACCOUNT VALUE AND CASH SURRENDER VALUE FOR A POLICY WOULD ALSO BE DIFFERENT FROM
THOSE SHOWN, DEPENDING ON THE INVESTMENT ALLOCATIONS MADE TO THE SEPARATE
ACCOUNTS AND THE RATES OF RETURN OF THE SEPARATE ACCOUNT IF THE ACTUAL RATES OF
INVESTMENT RETURN APPLICABLE TO THE POLICY AVERAGED 12%, BUT VARIED ABOVE OR
BELOW THAT AVERAGE FOR THE SEPARATE ACCOUNT. NO REPRESENTATION CAN BE MADE THAT
THIS HYPOTHETICAL RATE OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED
OVER ANY PERIOD OF TIME.
<PAGE>
36 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE
DEATH BENEFIT OPTION: RETURN OF ACCOUNT VALUE
$250,000 FACE AMOUNT
ISSUE AGE 45 MALE PREFERRED
$3,250 SCHEDULED PREMIUM

ASSUMING HYPOTHETICAL GROSS ANNUAL INVESTMENT RETURN OF 0% (-0.70% NET)

<TABLE>
<CAPTION>
CURRENT CHARGES* GUARANTEED CHARGES**
PREMIUMS ------------------------------------ ------------------------------------
END OF ACCUMULATED CASH CASH
CONTRACT AT 5% INTEREST ACCOUNT SURRENDER DEATH ACCOUNT SURRENDER DEATH
YEAR PER YEAR VALUE VALUE BENEFIT VALUE VALUE BENEFIT
------- ---------------- ---------- ---------- ---------- --------- ----------- ----------
<S> <C> <C> <C> <C> <C> <C> <C>
1 3,413 1,872 0*** 251,872 1,872 0*** 251,872
2 6,996 3,824 824*** 253,824 3,824 824*** 253,824
3 10,758 5,674 2,674 255,674 5,674 2,674 255,674
4 14,708 7,414 4,414 257,414 7,414 4,414 257,414
5 18,856 9,120 6,120 259,120 9,038 6,038 259,038
6 23,212 10,707 7,979 260,707 10,537 7,809 260,537
7 27,785 12,189 9,734 262,189 11,896 9,441 261,896
8 32,586 13,557 11,375 263,557 13,101 10,919 263,101
9 37,628 14,802 12,892 264,802 14,135 12,225 264,135
10 42,922 15,916 14,278 265,916 14,982 13,344 264,982
11 48,481 17,176 15,813 267,176 15,705 14,343 265,705
12 54,317 18,414 17,324 268,414 16,211 15,121 266,211
13 60,446 19,480 18,662 269,480 16,490 15,673 266,490
14 66,880 20,355 19,810 270,355 16,520 15,975 266,520
15 73,637 21,020 20,748 271,020 16,273 16,000 266,273
16 80,731 21,454 21,454 271,454 15,721 15,721 265,721
17 88,180 21,634 21,634 271,634 14,833 14,833 264,833
18 96,002 21,523 21,523 271,523 13,561 13,561 263,561
19 104,214 21,085 21,085 271,085 11,856 11,856 261,856
20 112,838 20,290 20,290 270,290 9,675 9,675 259,675
25 162,869 11,274 11,274 261,274 0 0 0
35 308,218 0 0 0 0 0 0

* THESE VALUES REFLECT INVESTMENT RESULTS USING CURRENT COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
** THESE VALUES REFLECT INVESTMENT RESULTS USING GUARANTEED COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
*** IF YOU SURRENDER YOUR POLICY DURING THE FIRST TWO POLICY YEARS, YOU WILL
RECEIVE A REFUND IN ADDITION TO THE CASH VALUES SHOWN. THE REFUND PLUS THE
CASH VALUE WOULD BE $0 IN YEAR ONE AND $1,157 IN YEAR TWO.
THESE VALUES REFLECT CURRENT FRONT-END SALES LOADS OF 2% IN YEARS 1 THROUGH
10 AND 0% THEREAFTER, AND GUARANTEED FRONT-END SALES LOADS OF 2% IN ALL
YEARS. THE SURRENDER CHARGE EFFECTIVE IN ANY YEAR CAN BE DETERMINED BY
SUBTRACTING THE CASH SURRENDER VALUE FROM THE ACCOUNT VALUE.
THE DEATH BENEFIT MAY, AND THE ACCOUNT VALUES AND CASH VALUES WILL DIFFER IF
PREMIUMS ARE PAID IN DIFFERENT AMOUNTS OR FREQUENCIES.
</TABLE>

THE HYPOTHETICAL INVESTMENT RESULTS SHOWN ABOVE AND ELSEWHERE IN THIS
PROSPECTUS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF
PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS
THAN THOSE SHOWN. THE DEATH BENEFIT, ACCOUNT VALUE AND CASH SURRENDER VALUE FOR
A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF ACTUAL INVESTMENT RETURN
APPLICABLE TO THE POLICY AVERAGE 0% OVER A PERIOD OF YEARS, BUT ALSO FLUCTUATED
ABOVE OR BELOW THAT AVERAGE FOR INDIVIDUAL POLICY YEARS. THE DEATH BENEFIT,
ACCOUNT VALUE AND CASH SURRENDER VALUE FOR A POLICY WOULD ALSO BE DIFFERENT FROM
THOSE SHOWN, DEPENDING ON THE INVESTMENT ALLOCATIONS MADE TO THE SEPARATE
ACCOUNTS AND THE RATES OF RETURN OF THE SEPARATE ACCOUNT IF THE ACTUAL RATES OF
INVESTMENT RETURN APPLICABLE TO THE POLICY AVERAGED 0%, BUT VARIED ABOVE OR
BELOW THAT AVERAGE FOR THE SEPARATE ACCOUNT. NO REPRESENTATION CAN BE MADE THAT
THIS HYPOTHETICAL RATE OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED
OVER ANY PERIOD OF TIME.
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 37
- --------------------------------------------------------------------------------

FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE
DEATH BENEFIT OPTION: RETURN OF ACCOUNT VALUE
$250,000 FACE AMOUNT
ISSUE AGE 45 MALE PREFERRED
$3,250 SCHEDULED PREMIUM

ASSUMING HYPOTHETICAL GROSS ANNUAL INVESTMENT RETURN OF 6% (5.30% NET)

<TABLE>
<CAPTION>
CURRENT CHARGES* GUARANTEED CHARGES**
PREMIUMS ------------------------------------ ------------------------------------
END OF ACCUMULATED CASH CASH
CONTRACT AT 5% INTEREST ACCOUNT SURRENDER DEATH ACCOUNT SURRENDER DEATH
YEAR PER YEAR VALUE VALUE BENEFIT VALUE VALUE BENEFIT
------- ---------------- ---------- ---------- ---------- --------- ----------- ----------
<S> <C> <C> <C> <C> <C> <C> <C>
1 3,413 2,017 0*** 252,017 2,017 0*** 252,017
2 6,996 4,237 1,237*** 254,237 4,237 1,237*** 254,237
3 10,758 6,479 3,479 256,479 6,479 3,479 256,479
4 14,708 8,736 5,736 258,736 8,736 5,736 258,736
5 18,856 11,087 8,087 261,087 11,002 8,002 261,002
6 23,212 13,444 10,717 263,444 13,264 10,537 263,264
7 27,785 15,824 13,369 265,824 15,506 13,051 265,506
8 32,586 18,215 16,032 268,215 17,710 15,528 267,710
9 37,628 20,606 18,696 270,606 19,854 17,944 269,854
10 42,922 22,988 21,351 272,988 21,916 20,279 271,916
11 48,481 25,690 24,327 275,690 23,980 22,617 273,980
12 54,317 28,518 27,428 278,518 25,926 24,836 275,926
13 60,446 31,321 30,504 281,321 27,737 26,919 277,737
14 66,880 34,080 33,535 284,080 29,380 28,835 279,380
15 73,637 36,770 36,498 286,770 30,817 30,545 280,817
16 80,731 39,363 39,363 289,363 32,005 32,005 282,005
17 88,180 41,828 41,828 291,828 32,895 32,895 282,895
18 96,002 44,119 44,119 294,119 33,420 33,420 283,420
19 104,214 46,188 46,188 296,188 33,509 33,509 283,509
20 112,838 47,986 47,986 297,986 33,088 33,088 283,088
25 162,869 52,781 52,781 302,781 20,679 20,679 270,679
35 308,218 0 0 0 0 0 0

* THESE VALUES REFLECT INVESTMENT RESULTS USING CURRENT COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
** THESE VALUES REFLECT INVESTMENT RESULTS USING GUARANTEED COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
*** IF YOU SURRENDER YOUR POLICY DURING THE FIRST TWO POLICY YEARS, YOU WILL
RECEIVE A REFUND IN ADDITION TO THE CASH VALUES SHOWN. THE REFUND PLUS THE
CASH VALUE WOULD BE $0 IN YEAR ONE AND $1,570 IN YEAR TWO.
THESE VALUES REFLECT CURRENT FRONT-END SALES LOADS OF 2% IN YEARS 1 THROUGH
10 AND 0% THEREAFTER, AND GUARANTEED FRONT-END SALES LOADS OF 2% IN ALL
YEARS. THE SURRENDER CHARGE EFFECTIVE IN ANY YEAR CAN BE DETERMINED BY
SUBTRACTING THE CASH SURRENDER VALUE FROM THE ACCOUNT VALUE.
THE DEATH BENEFIT MAY, AND THE ACCOUNT VALUES AND CASH VALUES WILL DIFFER IF
PREMIUMS ARE PAID IN DIFFERENT AMOUNTS OR FREQUENCIES.
</TABLE>

THE HYPOTHETICAL INVESTMENT RESULTS SHOWN ABOVE AND ELSEWHERE IN THIS
PROSPECTUS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF
PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS
THAN THOSE SHOWN. THE DEATH BENEFIT, ACCOUNT VALUE AND CASH SURRENDER VALUE FOR
A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF ACTUAL INVESTMENT RETURN
APPLICABLE TO THE POLICY AVERAGE 6% OVER A PERIOD OF YEARS, BUT ALSO FLUCTUATED
ABOVE OR BELOW THAT AVERAGE FOR INDIVIDUAL POLICY YEARS. THE DEATH BENEFIT,
ACCOUNT VALUE AND CASH SURRENDER VALUE FOR A POLICY WOULD ALSO BE DIFFERENT FROM
THOSE SHOWN, DEPENDING ON THE INVESTMENT ALLOCATIONS MADE TO THE SEPARATE
ACCOUNTS AND THE RATES OF RETURN OF THE SEPARATE ACCOUNT IF THE ACTUAL RATES OF
INVESTMENT RETURN APPLICABLE TO THE POLICY AVERAGED 6%, BUT VARIED ABOVE OR
BELOW THAT AVERAGE FOR THE SEPARATE ACCOUNT. NO REPRESENTATION CAN BE MADE THAT
THIS HYPOTHETICAL RATE OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED
OVER ANY PERIOD OF TIME.
<PAGE>
38 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE
DEATH BENEFIT OPTION: RETURN OF ACCOUNT VALUE
$250,000 FACE AMOUNT
ISSUE AGE 45 MALE PREFERRED
$3,250 SCHEDULED PREMIUM

ASSUMING HYPOTHETICAL GROSS ANNUAL INVESTMENT RETURN OF 12% (11.30% NET)

<TABLE>
<CAPTION>
CURRENT CHARGES* GUARANTEED CHARGES**
PREMIUMS -------------------------------------- --------------------------------------
END OF ACCUMULATED CASH CASH
CONTRACT AT 5% INTEREST ACCOUNT SURRENDER DEATH ACCOUNT SURRENDER DEATH
YEAR PER YEAR VALUE VALUE BENEFIT VALUE VALUE BENEFIT
------- ---------------- ----------- ----------- ---------- ---------- ------------ ----------
<S> <C> <C> <C> <C> <C> <C> <C>
1 3,413 2,163 0*** 252,163 2,163 0*** 252,163
2 6,996 4,668 1,668*** 254,668 4,668 1,668*** 254,668
3 10,758 7,354 4,354 257,354 7,354 4,354 257,354
4 14,708 10,233 7,233 260,233 10,233 7,233 260,233
5 18,856 13,404 10,404 263,404 13,316 10,316 263,316
6 23,212 16,804 14,076 266,804 16,613 13,885 266,613
7 27,785 20,472 18,017 270,472 20,128 17,673 270,128
8 32,586 24,425 22,242 274,425 23,866 21,684 273,866
9 37,628 28,679 26,769 278,679 27,831 25,921 277,831
10 42,922 33,258 31,620 283,258 32,026 30,389 282,026
11 48,481 38,601 37,238 288,601 36,600 35,237 286,600
12 54,317 44,523 43,433 294,523 41,442 40,352 291,442
13 60,446 50,925 50,108 300,925 46,570 45,753 296,570
14 66,880 57,842 57,297 307,842 51,987 51,442 301,987
15 73,637 65,307 65,035 315,307 57,692 57,420 307,692
16 80,731 73,355 73,355 323,355 63,683 63,683 313,683
17 88,180 82,024 82,024 332,024 69,952 69,952 319,952
18 96,002 91,340 91,340 341,340 76,475 76,475 326,475
19 104,214 101,336 101,336 351,336 83,222 83,222 333,222
20 112,838 112,046 112,046 362,046 90,166 90,166 340,166
25 162,869 179,944 179,944 429,944 126,697 126,697 376,697
35 308,218 396,129 396,129 646,129 163,485 163,485 413,485

* THESE VALUES REFLECT INVESTMENT RESULTS USING CURRENT COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
** THESE VALUES REFLECT INVESTMENT RESULTS USING GUARANTEED COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
*** IF YOU SURRENDER YOUR POLICY DURING THE FIRST TWO POLICY YEARS, YOU WILL
RECEIVE A REFUND IN ADDITION TO THE CASH VALUES SHOWN. THE REFUND PLUS THE
CASH VALUE WOULD BE $0 IN YEAR ONE AND $2,001 IN YEAR TWO.
THESE VALUES REFLECT CURRENT FRONT-END SALES LOADS OF 2% IN YEARS 1 THROUGH
10 AND 0% THEREAFTER, AND GUARANTEED FRONT-END SALES LOADS OF 2% IN ALL
YEARS. THE SURRENDER CHARGE EFFECTIVE IN ANY YEAR CAN BE DETERMINED BY
SUBTRACTING THE CASH SURRENDER VALUE FROM THE ACCOUNT VALUE.
THE DEATH BENEFIT MAY, AND THE ACCOUNT VALUES AND CASH VALUES WILL DIFFER IF
PREMIUMS ARE PAID IN DIFFERENT AMOUNTS OR FREQUENCIES.
</TABLE>

THE HYPOTHETICAL INVESTMENT RESULTS SHOWN ABOVE AND ELSEWHERE IN THIS
PROSPECTUS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF
PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS
THAN THOSE SHOWN. THE DEATH BENEFIT, ACCOUNT VALUE AND CASH SURRENDER VALUE FOR
A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF ACTUAL INVESTMENT RETURN
APPLICABLE TO THE POLICY AVERAGE 12% OVER A PERIOD OF YEARS, BUT ALSO FLUCTUATED
ABOVE OR BELOW THAT AVERAGE FOR INDIVIDUAL POLICY YEARS. THE DEATH BENEFIT,
ACCOUNT VALUE AND CASH SURRENDER VALUE FOR A POLICY WOULD ALSO BE DIFFERENT FROM
THOSE SHOWN, DEPENDING ON THE INVESTMENT ALLOCATIONS MADE TO THE SEPARATE
ACCOUNTS AND THE RATES OF RETURN OF THE SEPARATE ACCOUNT IF THE ACTUAL RATES OF
INVESTMENT RETURN APPLICABLE TO THE POLICY AVERAGED 12%, BUT VARIED ABOVE OR
BELOW THAT AVERAGE FOR THE SEPARATE ACCOUNT. NO REPRESENTATION CAN BE MADE THAT
THIS HYPOTHETICAL RATE OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED
OVER ANY PERIOD OF TIME.
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 39
- --------------------------------------------------------------------------------

FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE
DEATH BENEFIT OPTION: RETURN OF PREMIUM
$250,000 FACE AMOUNT
ISSUE AGE 45 MALE PREFERRED
$3,250 SCHEDULED PREMIUM

ASSUMING HYPOTHETICAL GROSS ANNUAL INVESTMENT RETURN OF 0% (-0.70% NET)

<TABLE>
<CAPTION>
CURRENT CHARGES* GUARANTEED CHARGES**
PREMIUMS -------------------------------------- -------------------------------------
END OF ACCUMULATED CASH CASH
CONTRACT AT 5% INTEREST ACCOUNT SURRENDER DEATH ACCOUNT SURRENDER DEATH
YEAR PER YEAR VALUE VALUE BENEFIT VALUE VALUE BENEFIT
------- ---------------- ----------- ----------- ---------- ---------- ----------- ----------
<S> <C> <C> <C> <C> <C> <C> <C>
1 3,413 1,869 0*** 253,250 1,869 0*** 253,250
2 6,996 3,814 814*** 256,500 3,814 814*** 256,500
3 10,758 5,650 2,650 259,750 5,650 2,650 259,750
4 14,708 7,369 4,369 263,000 7,369 4,369 263,000
5 18,856 9,048 6,048 266,250 8,964 5,964 266,250
6 23,212 10,597 7,870 269,500 10,422 7,694 269,500
7 27,785 12,031 9,576 272,750 11,727 9,272 272,750
8 32,586 13,338 11,156 276,000 12,861 10,678 276,000
9 37,628 14,506 12,596 279,250 13,802 11,892 279,250
10 42,922 15,525 13,887 282,500 14,530 12,893 282,500
11 48,481 16,671 15,308 285,750 15,102 13,739 285,750
12 54,317 17,781 16,691 289,000 15,416 14,326 289,000
13 60,446 18,691 17,874 292,250 15,455 14,638 292,250
14 66,880 19,377 18,832 295,500 15,187 14,642 295,500
15 73,637 19,811 19,539 298,750 14,571 14,298 298,750
16 80,731 19,963 19,963 302,000 13,561 13,561 302,000
17 88,180 19,798 19,798 305,250 12,105 12,105 305,250
18 96,002 19,264 19,264 308,500 10,127 10,127 308,500
19 104,214 18,308 18,307 311,750 7,546 7,546 311,750
20 112,838 16,872 16,872 315,000 4,274 4,274 315,000
25 162,869 2,177 2,177 331,250 0 0 0
35 308,218 0 0 0 0 0 0

* THESE VALUES REFLECT INVESTMENT RESULTS USING CURRENT COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
** THESE VALUES REFLECT INVESTMENT RESULTS USING GUARANTEED COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
*** IF YOU SURRENDER YOUR POLICY DURING THE FIRST TWO POLICY YEARS, YOU WILL
RECEIVE A REFUND IN ADDITION TO THE CASH VALUES SHOWN. THE REFUND PLUS THE
CASH VALUE WOULD BE $0 IN YEAR ONE AND $1,147 IN YEAR TWO.
THESE VALUES REFLECT CURRENT FRONT-END SALES LOADS OF 2% IN YEARS 1 THROUGH
10 AND 0% THEREAFTER, AND GUARANTEED FRONT-END SALES LOADS OF 2% IN ALL
YEARS. THE SURRENDER CHARGE EFFECTIVE IN ANY YEAR CAN BE DETERMINED BY
SUBTRACTING THE CASH SURRENDER VALUE FROM THE ACCOUNT VALUE.
THE DEATH BENEFIT MAY, AND THE ACCOUNT VALUES AND CASH VALUES WILL DIFFER IF
PREMIUMS ARE PAID IN DIFFERENT AMOUNTS OR FREQUENCIES.
</TABLE>

THE HYPOTHETICAL INVESTMENT RESULTS SHOWN ABOVE AND ELSEWHERE IN THIS
PROSPECTUS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF
PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS
THAN THOSE SHOWN. THE DEATH BENEFIT, ACCOUNT VALUE AND CASH SURRENDER VALUE FOR
A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF ACTUAL INVESTMENT RETURN
APPLICABLE TO THE POLICY AVERAGE 0% OVER A PERIOD OF YEARS, BUT ALSO FLUCTUATED
ABOVE OR BELOW THAT AVERAGE FOR INDIVIDUAL POLICY YEARS. THE DEATH BENEFIT,
ACCOUNT VALUE AND CASH SURRENDER VALUE FOR A POLICY WOULD ALSO BE DIFFERENT FROM
THOSE SHOWN, DEPENDING ON THE INVESTMENT ALLOCATIONS MADE TO THE SEPARATE
ACCOUNTS AND THE RATES OF RETURN OF THE SEPARATE ACCOUNT IF THE ACTUAL RATES OF
INVESTMENT RETURN APPLICABLE TO THE POLICY AVERAGED 0%, BUT VARIED ABOVE OR
BELOW THAT AVERAGE FOR THE SEPARATE ACCOUNT. NO REPRESENTATION CAN BE MADE THAT
THIS HYPOTHETICAL RATE OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED
OVER ANY PERIOD OF TIME.
<PAGE>
40 HARTFORD LIFE INSURANCE COMPANY
- --------------------------------------------------------------------------------

FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE
DEATH BENEFIT OPTION: RETURN OF PREMIUM
$250,000 FACE AMOUNT
ISSUE AGE 45 MALE PREFERRED
$3,250 SCHEDULED PREMIUM

ASSUMING HYPOTHETICAL GROSS ANNUAL INVESTMENT RETURN OF 6% (5.30% NET)

<TABLE>
<CAPTION>
CURRENT CHARGES* GUARANTEED CHARGES**
PREMIUMS ------------------------------------ -----------------------------------
END OF ACCUMULATED CASH CASH
CONTRACT AT 5% INTEREST ACCOUNT SURRENDER DEATH ACCOUNT SURRENDER DEATH
YEAR PER YEAR VALUE VALUE BENEFIT VALUE VALUE BENEFIT
------- ---------------- ---------- ---------- ---------- --------- ---------- ----------
<S> <C> <C> <C> <C> <C> <C> <C>
1 3,413 2,015 0*** 253,250 2,015 0*** 253,250
2 6,996 4,227 1,227*** 256,500 4,227 1,227*** 256,500
3 10,758 6,457 3,457 259,750 6,457 3,457 259,750
4 14,708 8,697 5,697 263,000 8,697 5,697 263,000
5 18,856 11,024 8,024 266,250 10,937 7,937 266,250
6 23,212 13,350 10,623 269,500 13,165 10,438 269,500
7 27,785 15,691 13,236 272,750 15,363 12,908 272,750
8 32,586 18,033 15,851 276,000 17,511 15,328 276,000
9 37,628 20,365 18,455 279,250 19,582 17,672 279,250
10 42,922 22,676 21,038 282,500 21,554 19,916 282,500
11 48,481 25,293 23,930 285,750 23,502 22,139 285,750
12 54,317 28,027 26,937 289,000 25,304 24,214 289,000
13 60,446 30,722 29,905 292,250 26,937 26,120 292,250
14 66,880 33,354 32,809 295,500 28,360 27,815 295,500
15 73,637 35,894 35,621 298,750 29,524 29,251 298,750
16 80,731 38,310 38,310 302,000 30,371 30,371 302,000
17 88,180 40,566 40,566 305,250 30,838 30,838 305,250
18 96,002 42,607 42,607 308,500 30,831 30,831 308,500
19 104,214 44,374 44,374 311,750 30,249 30,249 311,750
20 112,838 45,806 45,806 315,000 28,981 28,981 315,000
25 162,869 47,282 47,282 331,250 7,376 7,376 331,250
35 308,218 0 0 0 0 0 0

* THESE VALUES REFLECT INVESTMENT RESULTS USING CURRENT COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
** THESE VALUES REFLECT INVESTMENT RESULTS USING GUARANTEED COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
*** IF YOU SURRENDER YOUR POLICY DURING THE FIRST TWO POLICY YEARS, YOU WILL
RECEIVE A REFUND IN ADDITION TO THE CASH VALUES SHOWN. THE REFUND PLUS THE
CASH VALUE WOULD BE $0 IN YEAR ONE AND $1,560 IN YEAR TWO.
THESE VALUES REFLECT CURRENT FRONT-END SALES LOADS OF 2% IN YEARS 1 THROUGH
10 AND 0% THEREAFTER, AND GUARANTEED FRONT-END SALES LOADS OF 2% IN ALL
YEARS. THE SURRENDER CHARGE EFFECTIVE IN ANY YEAR CAN BE DETERMINED BY
SUBTRACTING THE CASH SURRENDER VALUE FROM THE ACCOUNT VALUE.
THE DEATH BENEFIT MAY, AND THE ACCOUNT VALUES AND CASH VALUES WILL DIFFER IF
PREMIUMS ARE PAID IN DIFFERENT AMOUNTS OR FREQUENCIES.
</TABLE>

THE HYPOTHETICAL INVESTMENT RESULTS SHOWN ABOVE AND ELSEWHERE IN THIS
PROSPECTUS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF
PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS
THAN THOSE SHOWN. THE DEATH BENEFIT, ACCOUNT VALUE AND CASH SURRENDER VALUE FOR
A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF ACTUAL INVESTMENT RETURN
APPLICABLE TO THE POLICY AVERAGE 6% OVER A PERIOD OF YEARS, BUT ALSO FLUCTUATED
ABOVE OR BELOW THAT AVERAGE FOR INDIVIDUAL POLICY YEARS. THE DEATH BENEFIT,
ACCOUNT VALUE AND CASH SURRENDER VALUE FOR A POLICY WOULD ALSO BE DIFFERENT FROM
THOSE SHOWN, DEPENDING ON THE INVESTMENT ALLOCATIONS MADE TO THE SEPARATE
ACCOUNTS AND THE RATES OF RETURN OF THE SEPARATE ACCOUNT IF THE ACTUAL RATES OF
INVESTMENT RETURN APPLICABLE TO THE POLICY AVERAGED 6%, BUT VARIED ABOVE OR
BELOW THAT AVERAGE FOR THE SEPARATE ACCOUNT. NO REPRESENTATION CAN BE MADE THAT
THIS HYPOTHETICAL RATE OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED
OVER ANY PERIOD OF TIME.
<PAGE>
HARTFORD LIFE INSURANCE COMPANY 41
- --------------------------------------------------------------------------------

FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE
DEATH BENEFIT OPTION: RETURN OF PREMIUM
$250,000 FACE AMOUNT
ISSUE AGE 45 MALE PREFERRED
$3,250 SCHEDULED PREMIUM

ASSUMING HYPOTHETICAL GROSS ANNUAL INVESTMENT RETURN OF 12% (11.30% NET)

<TABLE>
<CAPTION>
CURRENT CHARGES* GUARANTEED CHARGES**
PREMIUMS -------------------------------------- -------------------------------------
END OF ACCUMULATED CASH CASH
CONTRACT AT 5% INTEREST ACCOUNT SURRENDER DEATH ACCOUNT SURRENDER DEATH
YEAR PER YEAR VALUE VALUE BENEFIT VALUE VALUE BENEFIT
------- ---------------- ----------- ----------- ---------- ---------- ----------- ----------
<S> <C> <C> <C> <C> <C> <C> <C>
1 3,413 2,161 0*** 253,250 2,161 0*** 253,250
2 6,996 4,659 1,659*** 256,500 4,659 1,659*** 256,500
3 10,758 7,335 4,335 259,750 7,335 4,335 259,750
4 14,708 10,200 7,200 263,000 10,200 7,200 263,000
5 18,856 13,353 10,353 266,250 13,265 10,265 266,250
6 23,212 16,733 14,006 269,500 16,539 13,812 269,500
7 27,785 20,380 17,925 272,750 20,029 17,574 272,750
8 32,586 24,311 22,128 276,000 23,741 21,558 276,000
9 37,628 28,545 26,635 279,250 27,678 25,768 279,250
10 42,922 33,108 31,470 282,500 31,847 30,209 282,500
11 48,481 38,444 37,082 285,750 36,399 35,037 285,750
12 54,317 44,376 43,286 289,000 41,233 40,143 289,000
13 60,446 50,814 49,996 292,250 46,369 45,551 292,250
14 66,880 57,804 57,259 295,500 51,822 51,277 295,500
15 73,637 65,397 65,124 298,750 57,603 57,331 298,750
16 80,731 73,647 73,647 302,000 63,725 63,725 302,000
17 88,180 82,622 82,622 305,250 70,201 70,201 305,250
18 96,002 92,383 92,383 308,500 77,033 77,033 308,500
19 104,214 103,011 103,011 311,750 84,226 84,226 311,750
20 112,838 114,602 114,602 315,000 91,792 91,792 315,000
25 162,869 193,630 193,630 331,250 136,348 136,348 331,250
35 308,218 570,647 570,647 573,656 290,653 290,653 363,750

* THESE VALUES REFLECT INVESTMENT RESULTS USING CURRENT COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
** THESE VALUES REFLECT INVESTMENT RESULTS USING GUARANTEED COST OF INSURANCE
RATES, ADMINISTRATIVE FEES, AND MORTALITY AND EXPENSE RISK RATES.
*** IF YOU SURRENDER YOUR POLICY DURING THE FIRST TWO POLICY YEARS, YOU WILL
RECEIVE A REFUND IN ADDITION TO THE CASH VALUES SHOWN. THE REFUND PLUS THE
CASH VALUE WOULD BE $0 IN YEAR ONE AND $1,992 IN YEAR TWO.
THESE VALUES REFLECT CURRENT FRONT-END SALES LOADS OF 2% IN YEARS 1 THROUGH
10 AND 0% THEREAFTER, AND GUARANTEED FRONT-END SALES LOADS OF 2% IN ALL
YEARS. THE SURRENDER CHARGE EFFECTIVE IN ANY YEAR CAN BE DETERMINED BY
SUBTRACTING THE CASH SURRENDER VALUE FROM THE ACCOUNT VALUE.
THE DEATH BENEFIT MAY, AND THE ACCOUNT VALUES AND CASH VALUES WILL DIFFER IF
PREMIUMS ARE PAID IN DIFFERENT AMOUNTS OR FREQUENCIES.
</TABLE>

THE HYPOTHETICAL INVESTMENT RESULTS SHOWN ABOVE AND ELSEWHERE IN THIS
PROSPECTUS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF
PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS
THAN THOSE SHOWN. THE DEATH BENEFIT, ACCOUNT VALUE AND CASH SURRENDER VALUE FOR
A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF ACTUAL INVESTMENT RETURN
APPLICABLE TO THE POLICY AVERAGE 12% OVER A PERIOD OF YEARS, BUT ALSO FLUCTUATED
ABOVE OR BELOW THAT AVERAGE FOR INDIVIDUAL POLICY YEARS. THE DEATH BENEFIT,
ACCOUNT VALUE AND CASH SURRENDER VALUE FOR A POLICY WOULD ALSO BE DIFFERENT FROM
THOSE SHOWN, DEPENDING ON THE INVESTMENT ALLOCATIONS MADE TO THE SEPARATE
ACCOUNTS AND THE RATES OF RETURN OF THE SEPARATE ACCOUNT IF THE ACTUAL RATES OF
INVESTMENT RETURN APPLICABLE TO THE POLICY AVERAGED 12%, BUT VARIED ABOVE OR
BELOW THAT AVERAGE FOR THE SEPARATE ACCOUNT. NO REPRESENTATION CAN BE MADE THAT
THIS HYPOTHETICAL RATE OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED
OVER ANY PERIOD OF TIME.
<PAGE>
THE DATE OF THIS PROSPECTUS IS NOVEMBER 13, 1996
<PAGE>
THE DATE OF THIS PROSPECTUS IS NOVEMBER 13, 1996