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DIRECTOR LIFE
HARTFORD LIFE INSURANCE COMPANY
SUPPLEMENT DATED SEPTEMBER 24, 1996 TO THE MODIFIED SINGLE PREMIUM VARIABLE LIFE
POLICIES WITH RESPECT TO THE DIRECTOR LIFE PROSPECTUS DATED MAY 1, 1996
The subsection entitled "The Company" should read as follows:
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 and Poor's and AA+ by Duff and Phelps on the basis of its
claims-paying ability.
These ratings do not apply to the performance of the Separate Account.
However, the Contractual obligations under this variable annuity are the general
corporate obligations of Hartford Life. These ratings do apply to Hartford
Life's ability to meet its insurance obligations under the Contract.
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 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.
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