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EXHIBIT 12

HARTFORD LIFE, INC. AND SUBSIDIARIES

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES AND EARNINGS
TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|--------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ---- | ----- | ----- |  | ---- | ----- | ----- |  | ---- | ----- | ----- |  | - | ----- | ----- |  | - | ----- | ----- | 
|(In millions)                                                                                 |                                                                                                                                                                                 | 2002 |       | 2001  |  | 2000 |       | 1999  |  | 1998
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |     
|                                                                                              | Earnings                                                                                                                                                                        |      | $     | 567   |  |      | $     | 765   |  |      | $     | 788   |  |   | $     | 686   |  |   | $     | 585   | 
|Add:                                                                                          |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
|Fixed charges                                                                                 |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
|                                                                                              | Interest expense                                                                                                                                                                |      |       | 112   |  |      |       | 104   |  |      |       | 66    |  |   |       | 67    |  |   |       | 58    | 
|                                                                                              | Interest factor attributable to rentals                                                                                                                                         |      |       | 10    |  |      |       | 11    |  |      |       | 12    |  |   |       | 11    |  |   |       | 10    | 
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
|Total fixed charges                                                                           |                                                                                                                                                                                 |      | 122   |       |  |      | 115   |       |  |      | 78    |       |  |   | 78    |       |  |   | 68    |      
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|                                                                                              | Interest credited to contractholders                                                                                                                                            |      |       | 1,288 |  |      |       | 1,260 |  |      |       | 1,124 |  |   |       | 1,197 |  |   |       | 1,475 | 
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|Total fixed charges including interest
credited to contractholders                            |                                                                                                                                                                                 |      | 1,410 |       |  |      | 1,375 |       |  |      | 1,202 |       |  |   | 1,275 |       |  |   | 1,543 |      
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|Earnings, as defined                                                                          |                                                                                                                                                                                 |      | 689   |       |  |      | 880   |       |  |      | 866   |       |  |   | 764   |       |  |   | 653   |      
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|Earnings, as defined, including interest
credited to contractholders                          |                                                                                                                                                                                 |      | 1,977 |       |  |      | 2,140 |       |  |      | 1,990 |       |  |   | 1,961 |       |  |   | 2,128 |      
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|Fixed charges                                                                                 |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
|                                                                                              | Fixed charges above                                                                                                                                                             |      |       | 122   |  |      |       | 115   |  |      |       | 78    |  |   |       | 78    |  |   |       | 68    | 
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
|Total fixed charges and preferred dividend
requirements                                       |                                                                                                                                                                                 |      | 122   |       |  |      | 115   |       |  |      | 78    |       |  |   | 78    |       |  |   | 68    |      
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|Total fixed charges, interest credited to
contractholders and preferred dividend
requirements |                                                                                                                                                                                 | $    | 1,410 |       |  | $    | 1,375 |       |  | $    | 1,202 |       |  | $ | 1,275 |       |  | $ | 1,543 |      
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|Ratios                                                                                        |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
|                                                                                              | Earnings, as defined, to total fixed charges                                                                                                                                    |      |       | 5.6   |  |      |       | 7.7   |  |      |       | 11.1  |  |   |       | 9.8   |  |   |       | 9.6   | 
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|                                                                                              | Earnings, as defined, to total fixed
charges and preferred dividend requirements                                                                                                |      |       | 5.6   |  |      |       | 7.7   |  |      |       | 11.1  |  |   |       | 9.8   |  |   |       | 9.6   | 
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|                                                                                              | Earnings, as defined, including interest
credited to contractholders, to total fixed
charges including interest credited to
contractholders                                     |      |       | 1.4   |  |      |       | 1.6   |  |      |       | 1.7   |  |   |       | 1.5   |  |   |       | 1.4   | 
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|                                                                                              | Earnings, as defined, including interest
credited to contractholders, to total fixed
charges including interest credited to
contractholders and preferred dividend
requirements |      |       | 1.4   |  |      |       | 1.6   |  |      |       | 1.7   |  |   |       | 1.5   |  |   |       | 1.4   | 
|                                                                                              |                                                                                                                                                                                 |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       |