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STAG VARIABLE LIFE LAST SURVIVOR
HARTFORD LIFE INSURANCE COMPANY
SUPPLEMENT DATED SEPTEMBER 24, 1996 TO THE FLEXIBLE PREMIUM VARIABLE LIFE
POLICIES WITH RESPECT TO THE STAG VARIABLE LIFE LAST SURVIVOR 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 life insurance policy
are the general corporate obligations of Hartford Life. These ratings do apply
to Hartford Life's ability to meet its insurance obligations under the Policy.
Hartford 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 the Commissioner on or before
March 1st in each year covering the operations of Hartford for the preceding
year and its financial condition on December 31st 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
at least once in every four years. In addition, Hartford is subject to the
insurance laws and regulations of any jurisdiction in which it sells its
insurance policies. Hartford is also subject to various federal and state
securities laws and regulations.
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