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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)                              |                                              | 2001 |       | 2000  |  | 1999 |       | 1998  |  | 1997
|                                           |                                              |      |       |       |  |      |       |       |  |     
|                                           | Earnings                                     |      | $     | 765   |  |      | $     | 788   |  |      | $     | 686   |  |   | $     | 585   |  |   | $     | 480   | 
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|Add:                                       |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
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|Fixed charges                              |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
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|                                           | Interest expense                             |      |       | 104   |  |      |       | 66    |  |      |       | 67    |  |   |       | 58    |  |   |       | 58    | 
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|                                           | Interest factor attributable to rentals      |      |       | 11    |  |      |       | 12    |  |      |       | 11    |  |   |       | 10    |  |   |       | 9     | 
|                                           |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
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|Total fixed charges                        |                                              |      | 115   |       |  |      | 78    |       |  |      | 78    |       |  |   | 68    |       |  |   | 67    |      
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|                                           | Interest credited to contractholders         |      |       | 1,260 |  |      |       | 1,124 |  |      |       | 1,197 |  |   |       | 1,475 |  |   |       | 1,180 | 
|                                           |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|Total fixed charges including interest     |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
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|credited to contractholders                |                                              |      | 1,375 |       |  |      | 1,202 |       |  |      | 1,275 |       |  |   | 1,543 |       |  |   | 1,247 |      
|                                           |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|Earnings, as defined                       |                                              |      | 880   |       |  |      | 866   |       |  |      | 764   |       |  |   | 653   |       |  |   | 547   |      
|                                           |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|Earnings, as defined, including interest   |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
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|credited to contractholders                |                                              |      | 2,140 |       |  |      | 1,990 |       |  |      | 1,961 |       |  |   | 2,128 |       |  |   | 1,727 |      
|                                           |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|Fixed charges                              |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
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|                                           | Fixed charges above                          |      |       | 115   |  |      |       | 78    |  |      |       | 78    |  |   |       | 68    |  |   |       | 67    | 
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|                                           | Dividends on subsidiary preferred stock      |      |       |      |  |      |       |      |  |      |       |      |  |   |       |      |  |   |       |      | 
|                                           |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
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|Total fixed charges and preferred dividend |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
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|requirements                               |                                              |      | 115   |       |  |      | 78    |       |  |      | 78    |       |  |   | 68    |       |  |   | 67    |      
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|Total fixed charges, interest credited to  |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
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|contractholders and preferred dividend     |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
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|requirements                               |                                              | $    | 1,375 |       |  | $    | 1,202 |       |  | $    | 1,275 |       |  | $ | 1,543 |       |  | $ | 1,247 |      
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|Ratios                                     |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |      
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|                                           | Earnings, as defined, to total fixed charges |      |       | 7.7   |  |      |       | 11.1  |  |      |       | 9.8   |  |   |       | 9.6   |  |   |       | 8.2   | 
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|                                           | Earnings, as defined, to total fixed         |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
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|                                           | charges and preferred dividend requirements  |      |       | 7.7   |  |      |       | 11.1  |  |      |       | 9.8   |  |   |       | 9.6   |  |   |       | 8.2   | 
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|                                           | Earnings, as defined, including interest     |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
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|                                           | credited to contractholders, to total fixed  |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
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|                                           | charges including interest credited to       |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
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|                                           | contractholders                              |      |       | 1.6   |  |      |       | 1.7   |  |      |       | 1.5   |  |   |       | 1.4   |  |   |       | 1.4   | 
|                                           |                                              |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
|                                           | Earnings, as defined, including interest     |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
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|                                           | credited to contractholders, to total fixed  |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
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|                                           | charges including interest credited to       |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
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|                                           | contractholders and preferred dividend       |      |       |       |  |      |       |       |  |      |       |       |  |   |       |       |  |   |       |       | 
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|                                           | requirements                                 |      |       | 1.6   |  |      |       | 1.7   |  |      |       | 1.5   |  |   |       | 1.4   |  |   |       | 1.4   | 
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