Document:

EXHIBIT 4.6

                                   SCHEDULE II
                       SCHEDULE OF ADDITIONAL PROVISIONS
                       ---------------------------------

EXTENSION ELECTION:

         This Note will mature on the Initial Stated  Maturity Date,  unless the
maturity of all or any portion of the principal  amount of this Note is extended
in accordance with the procedures described below. In no event will the maturity
of this Note be extended beyond the Final Stated Maturity Date.

         During a notice period  relating to an Election Date (as defined below)
the  Holder  may elect to  extend  the  maturity  of all or any  portion  of the
principal  amount of this Note (in any  multiple of $1,000) so that the maturity
of this Note will be extended  to the  Corresponding  Maturity  Date (as defined
below) for the immediately  following Election Date; provided,  however, if such
maturity  date is not a  Business  Day,  the  maturity  of this Note will be the
immediately preceding Business Day. The "Election Dates" are the 1st day of each
calendar  month,  or, if such day is not a Business  Day, the next day that is a
Business  Day,  commencing  on May 1,  2008 and  ending  on March 1,  2012.  The
respective  "Corresponding  Maturity Date" for each Election Date is the 1st day
of the 13th calendar month  following the Election Date for which an election to
extend is made  provided,  however,  in no event shall the maturity date be more
than 366 days from the Election  Date. If no election is made, the maturity date
of the Notes is the  Corresponding  Maturity Date for the immediately  preceding
Election Date.

         To make an  effective  election,  the Holder  must  deliver a notice of
election during the notice period for an Election Date substantially in the form
attached  hereto as Exhibit A (an "Election  Notice") duly completed and, in the
event of an election to extend the  maturity of only a portion of the  principal
of this Note,  this Note.  The notice  period for an Election Date begins on the
5th  Business  Day  prior to the  Election  Date and  ends on the  Business  Day
immediately  preceding the Election Date. The Holder's  Election  Notice must be
delivered to the Paying Agent through the normal  clearing system  channels,  no
later than the close of  business in New York City on the last  Business  Day in
the notice period, at which time such notice becomes irrevocable.

         If,  with  respect to any  Election  Date,  the Holder does not make an
election to extend the maturity of all or a portion of the  principal  amount of
this Note, the principal  amount of this Note for which the Holder has failed to
make such an election  will become due and payable on the earlier of the Initial
Stated  Maturity Date or such later  Corresponding  Maturity Date related to the
relevant  Election  Date on which  the  maturity  of this  Note  was  previously
extended  or if  such  day is not a  Business  Day,  the  immediately  preceding
Business Day. The  principal  amount of this Note for which such election is not
exercised will be represented by a new note  substantially  in the form attached
hereto as Exhibit B (each a "Short Term Note")  issued as of such  Election Date
and Schedule A hereto shall be annotated as of such Election Date to reflect the
corresponding  decrease in the principal amount hereof.  Each Short Term Note so
issued  will  have  the  same  terms as this  Note,  except  that it will not be
extendible, will have the relevant CUSIP number specified below and its maturity
date will be the earlier of the Initial Stated

                   Hartford Life Global Funding Trust 2008-002
                                     SII - 1
<PAGE>

Maturity Date or such later Corresponding Maturity Date related to the relevant
Election Date on which the maturity of this Note was not extended, or, if such
day is not a Business Day, the immediately preceding Business Day. The failure
to elect to extend the maturity of all or any portion of the principal of this
Note will be irrevocable and will be binding upon any subsequent holder of this
Note.

         The Trust and the Indenture Trustee shall deem this Note canceled as to
any  portion  hereof  for  which  a  duly  completed  Election  Notice  and,  if
applicable,  this Note are not  delivered  to the Paying Agent during the notice
period for any Election Date.

         If, with respect to any Election Date under this Note,  the Holder does
not extend the maturity of all of the principal  amount of this Note, the Paying
Agent, on behalf of the Trust, shall immediately (but in no event later than the
third (3rd) Business Day following the relevant  Election Date) notify  Hartford
Life of the amount  not  extended  which  shall be the  principal  amount of the
Funding Agreement redeemed on the applicable maturity date.

SPREAD:

         The spread for the Notes for the indicated periods is as follows:
<TABLE>
<CAPTION>
------------------------------------------------------------------------------ -------------------------------
PERIOD                                                                         SPREAD
------------------------------------------------------------------------------ -------------------------------
<S>                                                                             <S>
From and including the Issuance Date to but not including May 1, 2008           Interpolated rate based upon
                                                                                the 1-month and 2-month LIBOR
                                                                                          + 0.35%
------------------------------------------------------------------------------ -------------------------------
From and including May 1, 2008 to but not including April 1, 2009                         + 0.35%
------------------------------------------------------------------------------ -------------------------------
From and including April 1, 2009 to but not including April 1, 2010                       + 0.37%
------------------------------------------------------------------------------ -------------------------------
From and including April 1, 2010 to but not including April 1, 2011                       + 0.38%
------------------------------------------------------------------------------ -------------------------------
From and including April 1, 2011 to but not including April 1, 2012                       + 0.39%
------------------------------------------------------------------------------ -------------------------------
From and including April 1, 2012 to but not including the Final Stated
Maturity Date                                                                             + 0.40%
------------------------------------------------------------------------------ -------------------------------
</TABLE>

CUSIP NUMBERS:

         The CUSIP numbers for each possible Short Term Note shall be as follows
with regard to each possible maturity date for such Short Term Note:
<TABLE>
<CAPTION>

------------------------------------- ---------------------------------------- -------------------------------
           ELECTION DATE                          CUSIP NUMBER(S)                      MATURITY DATE
------------------------------------- ---------------------------------------- -------------------------------
<S>                                                  <C>                             <C>
            May 1, 2008                              41659EHE0                          May 1, 2009
------------------------------------- ---------------------------------------- -------------------------------
            June 1, 2008                             41659EHF7                          June 1, 2009
------------------------------------- ---------------------------------------- -------------------------------
            July 1, 2008                             41659EHG5                          July 1, 2009
------------------------------------- ---------------------------------------- -------------------------------
           August 1, 2008                            41659EHH3                         August 1, 2009
------------------------------------- ---------------------------------------- -------------------------------
         September 1, 2008                           41659EHJ9                       September 1, 2009
------------------------------------- ---------------------------------------- -------------------------------
          October 1, 2008                            41659EHK6                        October 1, 2009
------------------------------------- ---------------------------------------- -------------------------------
          November 1, 2008                           41659EHL4                        November 1, 2009
------------------------------------- ---------------------------------------- -------------------------------
          December 1, 2008                           41659EHM2                        December 1, 2009
------------------------------------- ---------------------------------------- -------------------------------
          January 1, 2009                            41659EHN0                        January 1, 2010
------------------------------------- ---------------------------------------- -------------------------------
</TABLE>

                   Hartford Life Global Funding Trust 2008-002
                                     SII - 2
<PAGE>

<TABLE>
<S>                                                  <C>                             <C>
------------------------------------- ---------------------------------------- -------------------------------
          February 1, 2009                           41659EHP5                        February 1, 2010
------------------------------------- ---------------------------------------- -------------------------------
           March 1, 2009                             41659EHQ3                         March 1, 2010
------------------------------------- ---------------------------------------- -------------------------------
           April 1, 2009                             41659EHR1                         April 1, 2010
------------------------------------- ---------------------------------------- -------------------------------
            May 1, 2009                              41659EHS9                          May 1, 2010
------------------------------------- ---------------------------------------- -------------------------------
            June 1, 2009                             41659EHT7                          June 1, 2010
------------------------------------- ---------------------------------------- -------------------------------
            July 1, 2009                             41659EHU4                          July 1, 2010
------------------------------------- ---------------------------------------- -------------------------------
           August 1, 2009                            41659EHV2                         August 1, 2010
------------------------------------- ---------------------------------------- -------------------------------
         September 1, 2009                           41659EHW0                       September 1, 2010
------------------------------------- ---------------------------------------- -------------------------------
          October 1, 2009                            41659EHX8                        October 1, 2010
------------------------------------- ---------------------------------------- -------------------------------
          November 1, 2009                           41659EHY6                        November 1, 2010
------------------------------------- ---------------------------------------- -------------------------------
          December 1, 2009                           41659EHZ3                        December 1, 2010
------------------------------------- ---------------------------------------- -------------------------------
          January 1, 2010                            41659EJA6                        January 1, 2011
------------------------------------- ---------------------------------------- -------------------------------
          February 1, 2010                           41659EJB4                        February 1, 2011
------------------------------------- ---------------------------------------- -------------------------------
           March 1, 2010                             41659EJC2                         March 1, 2011
------------------------------------- ---------------------------------------- -------------------------------
           April 1, 2010                             41659EJD0                         April 1, 2011
------------------------------------- ---------------------------------------- -------------------------------
            May 1, 2010                              41659EJE8                          May 1, 2011
------------------------------------- ---------------------------------------- -------------------------------
            June 1, 2010                             41659EJF5                          June 1, 2011
------------------------------------- ---------------------------------------- -------------------------------
            July 1, 2010                             41659EJG3                          July 1, 2011
------------------------------------- ---------------------------------------- -------------------------------
           August 1, 2010                            41659EJH1                         August 1, 2011
------------------------------------- ---------------------------------------- -------------------------------
         September 1, 2010                           41659EJJ7                       September 1, 2011
------------------------------------- ---------------------------------------- -------------------------------
          October 1, 2010                            41659EJK4                        October 1, 2011
------------------------------------- ---------------------------------------- -------------------------------
          November 1, 2010                           41659EJL2                        November 1, 2011
------------------------------------- ---------------------------------------- -------------------------------
          December 1, 2010                           41659EJM0                        December 1, 2011
------------------------------------- ---------------------------------------- -------------------------------
          January 1, 2011                            41659EJN8                        January 1, 2012
------------------------------------- ---------------------------------------- -------------------------------
          February 1, 2011                           41659EJP3                        February 1, 2012
------------------------------------- ---------------------------------------- -------------------------------
           March 1, 2011                             41659EJQ1                         March 1, 2012
------------------------------------- ---------------------------------------- -------------------------------
           April 1, 2011                             41659EJR9                         April 1, 2012
------------------------------------- ---------------------------------------- -------------------------------
            May 1, 2011                              41659EJS7                          May 1, 2012
------------------------------------- ---------------------------------------- -------------------------------
            June 1, 2011                             41659EJT5                          June 1, 2012
------------------------------------- ---------------------------------------- -------------------------------
            July 1, 2011                             41659EJU2                          July 1, 2012
------------------------------------- ---------------------------------------- -------------------------------
           August 1, 2011                            41659EJV0                         August 1, 2012
------------------------------------- ---------------------------------------- -------------------------------
         September 1, 2011                           41659EJW8                       September 1, 2012
------------------------------------- ---------------------------------------- -------------------------------
          October 1, 2011                            41659EJX6                        October 1, 2012
------------------------------------- ---------------------------------------- -------------------------------
          November 1, 2011                           41659EJY4                        November 1, 2012
------------------------------------- ---------------------------------------- -------------------------------
          December 1, 2011                           41659EJZ1                        December 1, 2012
------------------------------------- ---------------------------------------- -------------------------------
          January 1, 2012                            41659EKA4                        January 1, 2013
------------------------------------- ---------------------------------------- -------------------------------
          February 1, 2012                           41659EKB2                        February 1, 2013
------------------------------------- ---------------------------------------- -------------------------------
           March 1, 2012                             41659EKC0                         March 1, 2013
------------------------------------- ---------------------------------------- -------------------------------
</TABLE>

                  Hartford Life Global Funding Trust 2008-002
                                     SII - 3

<PAGE>

                                   SCHEDULE A

         The initial  aggregate  principal  amount of the Note  evidenced by the
Certificate to which this Schedule is attached is $175,000,000. The notations on
the following table evidence decreases in the aggregate  principal amount of the
Note evidenced by such Certificate:
<TABLE>
<CAPTION>
-------------------------- ------------------------------ --------------------------------- --------------------------
Election Date              Decreases  in Principal        Principal Amount of this Note     Notation by Security
                           Amount of this Note            Remaining After Such Decrease     Registrar
-------------------------- ------------------------------ --------------------------------- --------------------------
<S>                        <C>                            <C>                               <C>
-------------------------- ------------------------------ --------------------------------- --------------------------

-------------------------- ------------------------------ --------------------------------- --------------------------

-------------------------- ------------------------------ --------------------------------- --------------------------

-------------------------- ------------------------------ --------------------------------- --------------------------

-------------------------- ------------------------------ --------------------------------- --------------------------

-------------------------- ------------------------------ --------------------------------- --------------------------

-------------------------- ------------------------------ --------------------------------- --------------------------

-------------------------- ------------------------------ --------------------------------- --------------------------

-------------------------- ------------------------------ --------------------------------- --------------------------

-------------------------- ------------------------------ --------------------------------- --------------------------

-------------------------- ------------------------------ --------------------------------- --------------------------

-------------------------- ------------------------------ --------------------------------- --------------------------
</TABLE>

                  Hartford Life Global Funding Trust 2008-002
                                     SII - 4
<PAGE>

                                    EXHIBIT A
                                    ---------
                             FORM OF ELECTION NOTICE

The undersigned hereby elects to extend the maturity of the Hartford Life Global
Funding Trust 2008-002 Secured  Medium-Term Note (CUSIP  41659EHD2) (the "Note")
(or the portion thereof  specified  below) with the effect provided in said Note
by delivering  this Election  Notice duly  completed by the Holder of said Note,
and in the event of an election to extend the  maturity of only a portion of the
principal amount of said Note, by surrendering  said Note to the Paying Agent at
the following address:

                  The Bank of New York - Mellon
                  Corporate Trust, 8th Floor
                  101 Barclay Street
                  New York, NY 10286

or such other  address of which the Paying  Agent shall from time to time notify
the Holders of the Notes.

If the option to extend the maturity of less than the entire principal amount of
said Note is elected, specify the portion of said Note (which shall be $1,000 or
an integral  multiple of $1,000 in excess thereof) as to which the Holder elects
to  extend  the  maturity:   $_________;   and  specify  the   denomination   or
denominations (which shall be $1,000 or an integral multiple of $1,000 in excess
thereof)  of the  Notes in the form  attached  to said  Note as  Exhibit B to be
issued to the Holder for the  portion of said Note to which the option to extend
the maturity is not being elected (in absence of any such specification one such
Note in the form of said  Exhibit B will be issued  for the  portion as to which
the option to extend maturity is not being made): $__________.

Date:____________________                 _________________________________
                                          NOTICE: The signature on this Election
                                          Notice must  correspond  with the name
                                          as  written  upon the face of the Note
                                          in    every    particular,     without
                                          alteration  or   enlargement   or  any
                                          change whatever.

                   Hartford Life Global Funding Trust 2008-002
                                      A - 1
<PAGE>

                                    EXHIBIT B
                                    ---------
                             FORM OF SHORT-TERM NOTE

THIS NOTE IS A GLOBAL  NOTE  WITHIN THE  MEANING OF THE  INDENTURE  (HEREINAFTER
DEFINED)  AND IS  REGISTERED  IN THE NAME OF A  DEPOSITARY  (AS  DEFINED  IN THE
INDENTURE) OR A NOMINEE OF A DEPOSITARY. THIS NOTE IS NOT EXCHANGEABLE FOR NOTES
REGISTERED  IN THE NAME OF A PERSON  OTHER THAN THE  DEPOSITARY  OR ITS  NOMINEE
EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE,  AND NO TRANSFER
OF THIS NOTE (OTHER THAN A TRANSFER OF THIS NOTE AS A WHOLE BY THE DEPOSITARY TO
A NOMINEE OF THE  DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY
OR ANOTHER NOMINEE OF THE  DEPOSITARY)  MAY BE REGISTERED  EXCEPT IN THE LIMITED
CIRCUMSTANCES DESCRIBED IN THE INDENTURE.

UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED  REPRESENTATIVE OF THE DEPOSITORY
TRUST  COMPANY,  A NEW  YORK  CORPORATION  ("DTC"),  TO THE  TRUST  (HEREINAFTER
DEFINED) OR ITS AGENT FOR  REGISTRATION  OF TRANSFER,  EXCHANGE OR PAYMENT,  AND
UNLESS ANY  CERTIFICATE  ISSUED IS  REGISTERED IN THE NAME OF CEDE & CO. OR SUCH
OTHER NAME AS REQUESTED BY AN AUTHORIZED  REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR SUCH  OTHER  ENTITY AS IS  REQUESTED  BY AN  AUTHORIZED
REPRESENTATIVE  OF DTC),  ANY TRANSFER,  PLEDGE OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE  BY OR TO ANY PERSON IS  WRONGFUL  INASMUCH  AS THE  REGISTERED  OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
<TABLE>
<CAPTION>
         REGISTERED NO.:          CUSIP NO.:                                      PRINCIPAL AMOUNT: U.S. $
<S>                                                            <C>
Issuance Date:                                                 Floating Rate Note: [X] Yes [ ] No.
Settlement Date:                                               If yes, Regular Floating Rate Notes [X] / Inverse Floating
Issue Price: 100%                                                   Rate Notes [ ]
Stated Maturity Date:  ___________, or if such day is not a         Fixed Interest Rate:
    Business Day, the immediately preceding Business Day.      Floating Rate/ Fixed Rate Notes: [ ]
Securities Exchange Listing: [ ] Yes [X] No. If yes,                Fixed Interest Rate:
    indicate name(s) of                                             Fixed Rate Commencement Date:
    Securities Exchange(s):-------------------------------.    Interest Rate Basis(es):
Depositary: The Depository Trust Company.                      CD Rate [ ]
Authorized Denominations: $1,000 integral amounts.             CMT Rate [ ]
Collateral held in the Trust:  Hartford Life Insurance         Designated CMT Telerate Page:
    Company Funding Agreement No. FA-408002, all proceeds               If Telerate Page 7052: [ ] Weekly Average
    of the Funding Agreement and all rights and books and                                      [ ] Monthly Average
    records pertaining to the foregoing.                            Designated CMT Maturity Index:
Additional Amounts to be Paid: [ ] Yes [X] No                       Commercial Paper Rate [ ]
Interest Rate or Formula:                                           Federal Funds Rate [ ]
Fixed Rate Note: [  ] Yes [X] No. If yes,                                 LIBOR [X]
    Interest Rate:                                                       [X] LIBOR Reuters Page:  LIBOR 01
    Interest Payment Dates:                                              [ ] LIBOR Moneyline Telerate Page:
    Additional/Other Terms:                                               LIBOR Currency: U.S. Dollars
Amortizing Note: [ ] Yes [X] No. If yes, Amortization               Prime Rate [ ]
schedule or formula:                                                Treasury Rate [ ]
    Additional/Other Terms:                                    Index Maturity: One month.
Discount Note: [ ] Yes [X] No. If yes, Total Amount of         Spread:  See attached Schedule II.
Discount:                                                      Spread Multiplier: Not applicable.
    Initial Accrual Period of Discount:                        Initial Interest Rate, if any:
    Interest Payment Dates:
    Additional/Other Terms:

</TABLE>

                   Hartford Life Global Funding Trust 2008-002
                                      B - 1

<PAGE>

<TABLE>
<S>                                                            <C>
Redemption Provisions: [X] Yes [  ]  No.   If yes,             Initial Interest Reset Date:  __________; provided that if
    Redemption Date:   April 1, 2012                               such day is not a Business Day, such Interest Reset Date will be
    Initial Redemption Percentage:  100%                           the next succeeding day that is a Business Day, unless that
    Annual Redemption Percentage Reduction, if any:                succeeding Business Day would fall in the next calendar month, in
    Additional/Other Terms:                                        which case such Interest Reset Date will be the immediately
Repayment Provisions: [ ] Yes [X] No. If yes,                      preceding Business Day.
Repayment Date(s):                                             Interest Reset Dates: The 1st day of each calendar month; provided
    Repayment Price:                                               that if such day is not a Business Day, such Interest Reset Date
    Additional/Other Terms:                                        will be the next succeeding day that is a Business Day, unless
Regular Record Date(s): 15 days prior to each Interest             that succeeding Business Day would fall in the next calendar
Payment Date.                                                      month, in which case such Interest Reset Date will be the
Sinking Fund: None.                                                immediately preceding Business Day.
Day Count Convention: Actual/360.                              Interest Determination Date(s): As provided herein.
Specified Currency:  U.S. Dollars.                             Interest Payment Dates: The 1st day of each calendar month provided
Exchange Rate Agent: Not Applicable                                that (1) if such Interest Payment Date (other than the maturity
                                                                   date) is not a Business Day, such Interest Payment Date will be
                                                                   the next succeeding day that is a Business Day, unless that
                                                                   succeeding Business Day would fall in the next calendar month,
                                                                   in which case such Interest Payment Date will be the immediately
                                                                   preceding Business Day and (2) the final Interest Payment Date
                                                                   of this Note will be the maturity date of this Note.
                                                               Maximum Interest Rate, if any: Not applicable.
                                                               Minimum Interest Rate, if any: Not applicable.
                                                               Additional/Other Terms:  See attached Schedule II.
                                                               Calculation Agent: The Bank of New York Trust Company, N.A.
</TABLE>

         The Hartford Life Global Funding Trust  designated above (the "Trust"),
for value  received,  hereby  promises to pay to Cede & Co.,  or its  registered
assigns,  the  Principal  Amount  specified  above on the Stated  Maturity  Date
specified  above and, if so specified  above,  to pay interest  thereon from the
Issuance  Date  specified  above or from the most recent  Interest  Payment Date
specified above to which interest has been paid or duly provided for at the rate
per annum determined in accordance with the provisions on the reverse hereof and
as specified  above,  until the principal  hereof is paid or made  available for
payment.  Unless otherwise specified above,  payments of principal,  premium, if
any,  and  interest  hereon  will be made in the lawful  currency  of the United
States of America ("U.S. Dollars" or "United States dollars").  If the Specified
Currency  specified above is other than U.S. Dollars,  the Holder (as defined in
the  Indenture)  shall  receive  such  payments  in such  Foreign  Currency  (as
hereinafter defined).  The "Principal Amount" of this Note at any time means (1)
if this Note is a Discount Note (as  hereinafter  defined),  the Amortized  Face
Amount (as hereinafter  defined) at such time (as defined in SECTION 3(C) on the
reverse  hereof)  and (2) in all  other  cases,  the  Principal  Amount  hereof.
Capitalized  terms not otherwise  defined  herein shall have their  meanings set
forth in the Indenture, dated as of the Issuance Date (the "Indenture"), between
The  Bank of New  York  Trust  Company,  N.A.,  as the  indenture  trustee  (the
"Indenture Trustee"), and the Trust, or on the face hereof.

This Note will mature on the Stated Maturity Date,  unless its principal (or any
installment  of its  principal)  becomes  due and  payable  prior to the  Stated
Maturity Date,  whether,  as applicable,  by the  declaration of acceleration of
maturity,  notice of redemption by the Trust or otherwise  (the Stated  Maturity
Date or any date prior to the Stated  Maturity  Date on which this Note  becomes
due and payable, as the case may be, is referred to as the "MATURITY DATE").

A "DISCOUNT  NOTE" is any Note that has an Issue Price that is less than 100% of
the Principal  Amount thereof by more than a percentage  equal to the product of
0.25% and the number of full years to the Stated Maturity Date.

Unless otherwise  specified above, the interest payable on each Interest Payment
Date or the  Maturity  Date will be the  amount  of  interest  accrued  from and
including the Issuance Date or

                   Hartford Life Global Funding Trust 2008-002
                                      B - 2
<PAGE>

from and  including the last  Interest  Payment Date to which  interest has been
paid or duly provided for, as the case may be, to, but excluding,  such Interest
Payment Date or the Maturity Date, as the case may be.

Unless  otherwise  specified above, the interest payable on any Interest Payment
Date will be paid to the Holder on the  Regular  Record  Date for such  Interest
Payment Date,  which Regular Record Date shall be the fifteenth  (15th) calendar
day, whether or not a Business Day,  immediately  preceding the related Interest
Payment Date;  PROVIDED that,  notwithstanding any provision of the Indenture to
the  contrary,  interest  payable on any  Maturity  Date shall be payable to the
Person to whom principal shall be payable;  and PROVIDED,  FURTHER,  that unless
otherwise  specified  above,  in the case of a Note  initially  issued between a
Regular  Record Date and the  Interest  Payment  Date  relating to such  Regular
Record Date,  interest for the period  beginning on the Issuance Date and ending
on such  Interest  Payment  Date  shall  be paid on the  Interest  Payment  Date
following  the next  succeeding  Regular  Record Date to the Holder on such next
succeeding Regular Record Date.

Payments of principal  of, and premium,  if any, and interest and other  amounts
due and owing, if any, will be made through the Indenture Trustee to the account
of  DTC  or  its  nominee  and  will  be  made  in  accordance  with  depositary
arrangements with DTC.

Unless  otherwise  specified on the face hereof,  the Holder  hereof will not be
obligated to pay any administrative costs imposed by banks in making payments in
immediately available funds by the Trust. Unless otherwise specified on the face
hereof,  any  tax  assessment  or  governmental  charge  imposed  upon  payments
hereunder,  including, without limitation, any withholding tax, will be borne by
the Holder hereof.

REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS NOTE SET FORTH ON THE
REVERSE  HEREOF.  SUCH FURTHER  PROVISIONS  SHALL FOR ALL PURPOSES HAVE THE SAME
EFFECT AS IF SET FORTH AT THIS PLACE.

Unless the certificate of authentication  hereon shall have been executed by the
Indenture Trustee pursuant to the Indenture,  this Note shall not be entitled to
any benefit under the Indenture or be valid or obligatory for any purpose.

                   Hartford Life Global Funding Trust 2008-002
                                      B - 3
<PAGE>

         IN WITNESS  WHEREOF,  the Trust has caused this  instrument  to be duly
executed, by manual or facsimile signature.

                                     HARTFORD LIFE GLOBAL FUNDING TRUST 2008-002

Dated:  [o]                          By:  Wilmington  Trust Company,  not in its
                                     individual  capacity but solely as Delaware
                                     Trustee.

                                     By:
                                        ---------------------------------
                                        Authorized Officer

                          CERTIFICATE OF AUTHENTICATION

         This is one of the Notes of the  Hartford  Life  Global  Funding  Trust
specified  on the face of this  Note  and  referred  to in the  within-mentioned
Indenture.

                                     THE BANK OF NEW YORK TRUST COMPANY, N.A. As
                                     Indenture Trustee

Dated:  [o]

                                      By:
                                         ---------------------------------
                                         authorized officer

                   Hartford Life Global Funding Trust 2008-002
                                      B - 4
<PAGE>

                                [REVERSE OF NOTE]

SECTION 1. GENERAL.  This Note is one of a duly authorized issue of Notes of the
Trust. The Notes are issued pursuant to the Indenture.

SECTION 2. CURRENCY.

         (A)  Unless  specified  otherwise  on the  face  hereof,  this  Note is
denominated in, and payments of principal,  premium, if any, and/or interest, if
any, will be made in U.S. Dollars. If specified as the Specified Currency,  this
Note may be denominated in, and payments of principal,  premium,  if any, and/or
interest,  if any, may be made in a single  currency other than U.S.  Dollars (a
"Foreign  Currency").  If this Note is  denominated in a Foreign  Currency,  the
Holder of this Note is required to pay for this Note in the Specified Currency.

         (B) Unless  specified  otherwise  on the face  hereof,  if this Note is
denominated  in a Foreign  Currency,  the Trust is obligated to make payments of
principal of, and premium,  if any, and  interest,  if any, on, this Note in the
Specified  Currency.  Any  amounts  so  payable  by the  Trust in the  Specified
Currency  will be  converted by the  Exchange  Rate Agent into U.S.  Dollars for
payment to the Holder hereof unless otherwise specified on the face of this Note
or the Holder elects, in the manner described below, to receive these amounts in
the Specified Currency.  If this Note is denominated in a Foreign Currency,  any
U.S.  Dollar amount to be received by the Holder hereof will be based on the bid
quotation  in The  City of New  York  received  by the  Exchange  Rate  Agent at
approximately  11:00  A.M.,  New York City  time,  on the  second  Business  Day
preceding the applicable  payment date from a recognized foreign exchange dealer
(which may be the Exchange  Rate Agent)  selected by the Exchange Rate Agent and
approved by the Trust for the  purchase by the quoting  dealer of the  Specified
Currency for U.S.  Dollars for  settlement on that payment date in the aggregate
amount of the Specified  Currency  payable to all Holders of the Notes scheduled
to receive U.S.  Dollar  payments and at which the applicable  dealer commits to
execute a contract.  All currency exchange costs will be borne by the Holders of
the Notes by deductions from any payments.  If a bid quotation is not available,
payments will be made in the Specified Currency.  If this Note is denominated in
a Foreign  Currency,  the  Holder of this  Note may  elect to  receive  all or a
specified portion of any payment of principal, premium, if any, and/or interest,
if any,  in the  Specified  Currency  by  submitting  a written  request  to the
Indenture  Trustee at its  Corporate  Trust Office in The City of New York on or
prior to the  applicable  Regular Record Date or at least 15 calendar days prior
to the Maturity Date, as the case may be. This written  request may be mailed or
hand delivered or sent by cable, telex or other form of facsimile  transmission.
This election will remain in effect until revoked by written notice delivered to
the  Indenture  Trustee  on or prior  to a  Regular  Record  Date or at least 15
calendar  days prior to the Maturity  Date,  as the case may be. The Holder of a
Note  denominated  in a Foreign  Currency  to be held in the name of a broker or
nominee should  contact their broker or nominee to determine  whether and how an
election  to receive  payments in the  Specified  Currency  may be made.  Unless
specified  otherwise on the face hereof, if the Specified Currency is other than
U.S.  Dollars,  a beneficial  owner of a Note represented by a Global Note which
elects to receive payments of principal,  premium,  if any, and/or interest,  if
any, in the Specified Currency must notify the participant through which it owns
its interest on or prior to

                   Hartford Life Global Funding Trust 2008-002
                                      B - 5
<PAGE>

the  applicable  Regular  Record Date or at least 15 calendar  days prior to the
Maturity Date, as the case may be, of its election.  The applicable  participant
must notify DTC of its election on or prior to the third  Business Day after the
applicable  Regular  Record  Date or at  least  12  calendar  days  prior to the
Maturity Date, as the case may be, and DTC will notify the Indenture  Trustee of
that election on or prior to the fifth Business Day after the applicable Regular
Record Date or at least ten  calendar  days prior to the Maturity  Date,  as the
case may be. If complete  instructions  are received by the participant from the
applicable  beneficial owner and forwarded by the participant to DTC, and by DTC
to the  Indenture  Trustee,  on or prior  to such  dates,  then  the  applicable
beneficial owner will receive payments in the Specified Currency.

         (C) The  Trust  will  indemnify  the  Holder  hereof  against  any loss
incurred as a result of any judgment or order being given or made for any amount
due under this Note and that judgment or order  requiring  payment in a currency
(the "Judgment Currency") other than the Specified Currency,  and as a result of
any variation between:  (i) the rate of exchange at which the Specified Currency
amount is converted into the Judgment  Currency for the purpose of that judgment
or order;  and (ii) the rate of  exchange  at which the  Holder,  on the date of
payment of that judgment or order,  is able to purchase the  Specified  Currency
with the amount of the Judgment Currency actually received.

         (D) Unless otherwise specified on the face hereof, if payment hereon is
required to be made in a Foreign  Currency and such currency is unavailable  due
to the imposition of exchange controls or other circumstances beyond the Trust's
control, then the Trust will be entitled to make payments with respect hereto in
U.S. Dollars on the basis of the Market Exchange Rate (as hereinafter  defined),
computed by the  Exchange  Rate Agent,  on the second  Business Day prior to the
particular payment or, if the Market Exchange Rate is not then available, on the
basis of the most recently available Market Exchange Rate.

         (E) The "Market  Exchange Rate" for the Foreign Currency shall mean the
noon  dollar  buying  rate in The City of New York for cable  transfers  for the
Foreign Currency as certified for customs purposes (or, if not so certified,  as
otherwise determined) by the Federal Reserve Bank of New York.

         (F) All determinations  made by the Exchange Rate Agent shall be at its
sole  discretion and shall,  in the absence of manifest error, be conclusive for
all purposes and binding on the Holder hereof.

         (G) All costs of exchange in respect of this Note, if  denominated in a
Foreign Currency, will be borne by the Holder hereof.

SECTION 3. DETERMINATION OF INTEREST RATE AND CERTAIN OTHER TERMS.

         (A) FIXED RATE NOTES. If this Note is specified on the face hereof as a
"Fixed Rate Note":

            (i) This Note will bear interest at the rate per annum  specified on
            the face hereof. Interest on this Note will be computed on the basis
            of a 360-day year of twelve 30-day months.

                  Hartford Life Global Funding Trust 2008-002
                                      B - 6
<PAGE>

            (ii) Unless  otherwise  specified on the face  hereof,  the Interest
            Payment Dates for this Note will be as follows:
<TABLE>
<CAPTION>
                 INTEREST PAYMENT FREQUENCY                 INTEREST PAYMENT DATES
                 --------------------------------------     --------------------------------------
<S>                                                         <C>
                 Monthly                                    Fifteenth day of each  calendar  month,
                                                            beginning in the first  calendar  month
                                                            following   the  month  this  Note  was
                                                            issued.

                 Quarterly                                  Fifteenth  day of every third  calendar
                                                            month,  beginning in the third calendar
                                                            month following the month this Note was
                                                            issued.

                 Semi-annual                                Fifteenth  day of every sixth  calendar
                                                            month,  beginning in the sixth calendar
                                                            month following the month this Note was
                                                            issued.

                 Annual                                     Fifteenth day of every twelfth calendar
                                                            month,   beginning   in   the   twelfth
                                                            calendar month following the month this
                                                            Note was issued.
</TABLE>

            (iii) If any Interest Payment Date or the Maturity Date of this Note
            falls on a day that is not a Business  Day,  the Trust will make the
            required payment of principal,  premium,  if any, and/or interest or
            other amounts on the next succeeding Business Day, and no additional
            interest  will  accrue in respect of the  payment  made on that next
            succeeding Business Day.

        (B) FLOATING  RATE  NOTES.  If this Note is specified on the face hereof
            as a "Floating Rate Note":

            (i) INTEREST RATE BASIS. Interest on this Note will be determined by
            reference to the  applicable  Interest  Rate Basis or Interest  Rate
            Bases,  which may, as described below,  include the CD Rate, the CMT
            Rate, the Commercial Paper Rate, the Federal Funds Rate,  LIBOR, the
            Prime  Rate  or  the  Treasury  Rate  (each  as  defined  below)  in
            accordance with a schedule attached hereto.

            (ii) EFFECTIVE  RATE. The rate derived from the applicable  Interest
            Rate  Basis  will be  determined  in  accordance  with  the  related
            provisions  below.  The interest  rate in effect on each day will be
            based  on:  (1) if that  day is an  Interest  Reset  Date,  the rate
            determined  as  of  the  Interest   Determination  Date  immediately
            preceding  that  Interest  Reset Date;  or (2) if that day is not an
            Interest  Reset  Date,  the  rate  determined  as  of  the  Interest
            Determination  Date  immediately  preceding the most recent Interest
            Reset Date.

            (iii) SPREAD; SPREAD MULTIPLIER; INDEX MATURITY. The "Spread" is the
            number of basis points (one  one-hundredth  of a  percentage  point)
            specified on the face hereof to be added to or  subtracted  from the
            related  Interest  Rate Basis or Interest  Rate Bases  applicable to
            this Note. The "Spread  Multiplier"  is the percentage  specified on
            the

                  Hartford Life Global Funding Trust 2008-002
                                      B - 7
<PAGE>

            face hereof of the  related  Interest  Rate Basis or  Interest  Rate
            Bases  applicable  to this Note by which the Interest  Rate Basis or
            Interest Rate Bases will be  multiplied to determine the  applicable
            interest rate. The "Index Maturity" is the period to maturity of the
            instrument or obligation with respect to which the related  Interest
            Rate Basis or Interest Rate Bases will be calculated.

            (iv) REGULAR  FLOATING  RATE NOTE.  Unless this Note is specified on
            the face  hereof as a  Floating  Rate/Fixed  Rate Note or an Inverse
            Floating Rate Note, this Note (a "Regular  Floating Rate Note") will
            bear interest at the rate  determined by reference to the applicable
            Interest  Rate Basis or Interest Rate Bases:  (1)  multiplied by the
            applicable Spread Multiplier, if any; and/or (2) plus or minus the -
            - applicable Spread, if any.  Commencing on the first Interest Reset
            Date, the rate at which interest on this Regular  Floating Rate Note
            is payable will be reset as of each Interest  Reset Date;  PROVIDED,
            HOWEVER,  that the interest  rate in effect for the period,  if any,
            from the Issuance Date to the first  Interest Reset Date will be the
            Initial Interest Rate.

            (v) FLOATING RATE/FIXED RATE NOTES. If this Note is specified on the
            face hereof as a  "Floating  Rate/Fixed  Rate Note",  this Note will
            bear interest at the rate  determined by reference to the applicable
            Interest  Rate Basis or Interest Rate Bases:  (1)  multiplied by the
            applicable Spread  Multiplier,  if any; and/or (2) plus or minus the
            applicable  Spread,  if any.  Commencing on the first Interest Reset
            Date,  the rate at  which  this  Floating  Rate/Fixed  Rate  Note is
            payable  will be reset as of each  Interest  Reset  Date;  PROVIDED,
            HOWEVER,  that:  (A) the interest rate in effect for the period,  if
            any, from the Issuance Date to the first Interest Reset Date will be
            the Initial Interest Rate specified on the face hereof;  and (B) the
            interest rate in effect  commencing  on the Fixed Rate  Commencement
            Date will be the  Fixed  Interest  Rate,  if  specified  on the face
            hereof, or, if not so specified,  the interest rate in effect on the
            day immediately preceding the Fixed Rate Commencement Date.

            (vi) INVERSE  FLOATING RATE NOTES.  If this Note is specified on the
            face hereof as an "Inverse  Floating Rate Note", this Note will bear
            interest at the Fixed  Interest  Rate minus the rate  determined  by
            reference to the  applicable  Interest  Rate Basis or Interest  Rate
            Bases: (1) multiplied by the applicable Spread  Multiplier,  if any;
            and/or (2) plus or minus the applicable  Spread,  if any;  PROVIDED,
            HOWEVER,  that interest on this Inverse  Floating Rate Note will not
            be less than zero.  Commencing on the first Interest Reset Date, the
            rate at which interest on this Inverse Floating Rate Note is payable
            will be reset as of each  Interest  Reset Date;  PROVIDED,  HOWEVER,
            that the interest  rate in effect for the period,  if any,  from the
            Issuance Date to the first  Interest  Reset Date will be the Initial
            Interest Rate.

            (vii) INTEREST RESET DATES.  The period between Interest Reset Dates
            will be the "Interest Reset Period." Unless  otherwise  specified on
            the face hereof,  the  Interest  Reset Dates will be, in the case of
            this Floating Rate Note if by its terms it resets:  (1)  daily--each
            Business  Day;  (2)  weekly--the  Wednesday  of each week,  with the
            exception  of any weekly  reset  Floating  Rate Note as to which the
            Treasury Rate is an applicable Interest Rate Basis, which will reset
            the Tuesday of each week;  (3)  monthly--the  fifteenth  day of each
            calendar month; (4) quarterly--the fifteenth day

                  Hartford Life Global Funding Trust 2008-002
                                      B - 8
<PAGE>

            of every third calendar month, beginning in the third calendar month
            following  the  month in  which  the  Issuance  Date  occurred;  (5)
            semi-annually--the  fifteenth  day of every  sixth  calendar  month,
            beginning in the sixth calendar  month  following the month in which
            the Issuance Date occurred;  and (6) annually--the  fifteenth day of
            every  twelfth  calendar  month,  beginning in the twelfth  calendar
            month  following  the month in which  the  Issuance  Date  occurred;
            PROVIDED,  HOWEVER, that, with respect to a Floating Rate/Fixed Rate
            Note,  the  rate of  interest  thereon  will  not  reset  after  the
            particular Fixed Rate Commencement  Date. If any Interest Reset Date
            for this Floating  Rate Note would  otherwise be a day that is not a
            Business Day, the  particular  Interest Reset Date will be postponed
            to the next  succeeding  Business Day,  except that in the case of a
            Floating Rate Note as to which LIBOR is an applicable  Interest Rate
            Basis and that  Business Day falls in the next  succeeding  calendar
            month,  the particular  Interest Reset Date will be the  immediately
            preceding Business Day.

            (viii) INTEREST DETERMINATION DATES. The interest rate applicable to
            a Floating Rate Note for an Interest Reset Period  commencing on the
            related  Interest  Reset Date will be determined by reference to the
            applicable  Interest  Rate  Basis  as of  the  particular  "Interest
            Determination  Date",  which  will  be:  (1)  with  respect  to  the
            Commercial  Paper Rate,  Federal Funds Rate and the Prime  Rate--the
            Business Day immediately  preceding the related Interest Reset Date;
            (2)  with  respect  to the CD  Rate  and the  CMT  Rate--the  second
            Business Day preceding  the related  Interest  Reset Date;  (3) with
            respect to  LIBOR--the  second  London  Banking  Day  preceding  the
            related Interest Reset Date, unless the applicable LIBOR Currency is
            (A) pounds sterling,  in which case the Interest  Determination Date
            will be the related  Interest Reset Date, or (B) euro, in which case
            the Interest Determination Date will be the second TARGET Settlement
            Day (as defined below) preceding the applicable Interest Reset Date;
            and (4) with  respect to the Treasury  Rate--the  day of the week in
            which the related  Interest  Reset Date falls on which day  Treasury
            Bills (as defined  below) are  normally  auctioned  (i.e.,  Treasury
            Bills are  normally  sold at auction on Monday of each week,  unless
            that day is a legal  holiday,  in which case the auction is normally
            held on the following  Tuesday,  except that the auction may be held
            on the preceding Friday);  PROVIDED,  HOWEVER, that if an auction is
            held on the Friday of the week preceding the related  Interest Reset
            Date, the Interest  Determination Date will be the preceding Friday.
            The Interest  Determination Date pertaining to a Floating Rate Note,
            the interest  rate of which is determined  with  reference to two or
            more Interest Rate Bases,  will be the latest  Business Day which is
            at least two Business  Days before the related  Interest  Reset Date
            for the  applicable  Floating Rate Note on which each Interest Reset
            Basis is determinable.  "TARGET SETTLEMENT DAY" means a day on which
            the TARGET System is open.

            (ix)  CALCULATION  DATES.  The  interest  rate  applicable  to  each
            Interest Reset Period will be determined by the Calculation Agent on
            or prior to the  Calculation  Date (as defined  below),  except with
            respect  to  LIBOR,  which  will  be  determined  on the  particular
            Interest  Determination  Date.  Upon  request  of  the  Holder  of a
            Floating Rate Note, the Calculation Agent will disclose the interest
            rate then in effect and, if determined,  the interest rate that will
            become  effective as a result of a  determination  made for the next
            succeeding Interest Reset Date with respect to such Floating Rate

                  Hartford Life Global Funding Trust 2008-002
                                      B - 9

<PAGE>

            Note.  The  "CALCULATION  DATE",  if  applicable,  pertaining to any
            Interest  Determination  Date will be the  earlier of: (1) the tenth
            calendar day after the particular Interest Determination Date or, if
            such day is not a Business Day, the next succeeding Business Day; or
            (2) the Business Day immediately  preceding the applicable  Interest
            Payment Date or the Maturity Date, as the case may be.

            (x)  MAXIMUM OR MINIMUM  INTEREST  RATE.  If  specified  on the face
            hereof, this Note may have either or both of a Maximum Interest Rate
            or a  Minimum  Interest  Rate.  If a  Maximum  Interest  Rate  is so
            designated,  the interest  rate for a Floating Rate Note cannot ever
            exceed such Maximum Interest Rate and in the event that the interest
            rate on any Interest  Reset Date would exceed such Maximum  Interest
            Rate  (as if no  Maximum  Interest  Rate  were in  effect)  then the
            interest  rate on such  Interest  Reset  Date  shall be the  Maximum
            Interest  Rate.  If a Minimum  Interest Rate is so  designated,  the
            interest rate for a Floating Rate Note cannot ever be less than such
            Minimum Interest Rate and in the event that the interest rate on any
            Interest  Reset Date would be less than such Minimum  Interest  Rate
            (as if no Minimum  Interest  Rate were in effect)  then the interest
            rate on such Interest Reset Date shall be the Minimum Interest Rate.
            Notwithstanding  anything  to the  contrary  contained  herein,  the
            interest  rate on a Floating  Rate Note shall not exceed the maximum
            interest rate permitted by applicable law.

            (xi)  INTEREST  PAYMENTS.  Unless  otherwise  specified  on the face
            hereof,  the  Interest  Payment  Dates  will  be,  in the  case of a
            Floating Rate Note which resets:  (1) daily,  weekly or monthly--the
            fifteenth  day of each  calendar  month or on the  fifteenth  day of
            every third  calendar  month,  beginning in the third calendar month
            following  the  month  in  which  the  Issuance  Date  occurred,  as
            specified on the face hereof;  (2)  quarterly--the  fifteenth day of
            every third  calendar  month,  beginning in the third calendar month
            following  the  month in  which  the  Issuance  Date  occurred;  (3)
            semi-annually--the  fifteenth  day of every  sixth  calendar  month,
            beginning in the sixth calendar  month  following the month in which
            the Issuance Date occurred;  and (4) annually--the  fifteenth day of
            every  twelfth  calendar  month,  beginning in the twelfth  calendar
            month  following the month in which the Issuance Date  occurred.  In
            addition,  the Maturity Date will also be an Interest  Payment Date.
            If any Interest  Payment Date other than the Maturity  Date for this
            Floating  Rate Note would  otherwise be a day that is not a Business
            Day,  such  Interest  Payment  Date  will be  postponed  to the next
            succeeding  Business Day, except that in the case of a Floating Rate
            Note as to which LIBOR is an applicable Interest Rate Basis and that
            Business  Day  falls  in the next  succeeding  calendar  month,  the
            particular  Interest Payment Date will be the immediately  preceding
            Business  Day. If the Maturity Date of a Floating Rate Note falls on
            a day that is not a Business  Day,  the Trust will make the required
            payment of principal, premium, if any, and interest or other amounts
            on the next succeeding Business Day, and no additional interest will
            accrue  in  respect  of the  payment  made on that  next  succeeding
            Business Day.

            (xii) ROUNDING.  Unless otherwise  specified on the face hereof, all
            percentages  resulting  from any  calculation  on this Floating Rate
            Note will be  rounded to the  nearest  one  hundred-thousandth  of a

                  Hartford Life Global Funding Trust 2008-002
                                     B - 10
<PAGE>

            percentage  point,  with five  one-millionths  of a percentage point
            rounded  upwards.  All dollar  amounts used in or resulting from any
            calculation on this Floating Rate Note will be rounded,  in the case
            of U.S.  Dollars,  to the nearest  cent or, in the case of a Foreign
            Currency,  to the  nearest  unit (with  one-half  cent or unit being
            rounded upwards).

            (xiii)  INTEREST  FACTOR.  With  respect  to a  Floating  Rate Note,
            accrued  interest is calculated by multiplying the principal  amount
            of such Note by an accrued  interest  factor.  The accrued  interest
            factor is computed by adding the interest factor calculated for each
            day in the particular Interest Reset Period. The interest factor for
            each day will be computed by dividing the interest  rate  applicable
            to such day by 360, in the case of a Floating  Rate Note as to which
            the CD Rate,  the  Commercial  Paper Rate,  the Federal  Funds Rate,
            LIBOR or the Prime Rate is an applicable  Interest Rate Basis, or by
            the  actual  number of days in the year,  in the case of a  Floating
            Rate  Note as to  which  the CMT  Rate  or the  Treasury  Rate is an
            applicable  Interest Rate Basis.  The interest factor for a Floating
            Rate Note as to which the interest rate is calculated with reference
            to two or more Interest Rate Bases will be calculated in each period
            in the same  manner as if only the  Interest  Rate  Basis  specified
            under "Additional/Other Terms" applied.

            (xiv)  DETERMINATION OF INTEREST RATE BASIS.  The Calculation  Agent
            shall  determine  the rate derived from each  Interest Rate Basis in
            accordance with the following provisions.

                 (1) CD RATE NOTES. If the Interest Rate Basis is the CD Rate,
                 this Note shall be deemed a "CD Rate Note." Unless otherwise
                 specified on the face hereof, "CD Rate" means, from the
                 Issuance Date to the first Interest Reset Date, the Initial
                 Interest Rate, if any, and thereafter:

                       (A) the rate on the particular Interest Determination
                       Date for negotiable United States dollar certificates of
                       deposit having the Index Maturity specified on the face
                       hereof as published in H.15(519) (as defined below) under
                       the caption "CDs (secondary market)"; or

                       (B) if the rate referred to in clause (A) is not so
                       published by 3:00 P.M., New York City time, on the
                       related Calculation Date, the rate on the particular
                       Interest Determination Date for negotiable United States
                       dollar certificates of deposit of the particular Index
                       Maturity as published in H.15 Daily Update (as defined
                       below), or other recognized electronic source used for
                       the purpose of displaying the applicable rate, under the
                       caption "CDs (secondary market)"; or

                       (C) if the rate referred to in clause (B) is not so
                       published by 3:00 P.M., New York City time, on the
                       related Calculation Date, the rate on the particular
                       Interest Determination Date calculated by the Calculation
                       Agent as the arithmetic mean of the secondary market
                       offered rates as of 10:00 A.M., New York City time, on
                       that Interest Determination Date, of three leading
                       non-bank dealers in negotiable United States dollar
                       certificates of deposit in The City of New York (which
                       may include the purchasing agent or its affiliates)
                       selected by the Calculation Agent for negotiable United
                       States dollar certificates of

                  Hartford Life Global Funding Trust 2008-002
                                     B - 11
<PAGE>

                       deposit of major United States money market banks for
                       negotiable United States certificates of deposit with a
                       remaining maturity closest to the particular Index
                       Maturity in an amount that is representative for a single
                       transaction in that market at that time; or

                       (D) if the dealers so selected by the Calculation Agent
                       are not quoting as mentioned in clause (C), the CD Rate
                       in effect on the particular Interest Determination Date;
                       provided that if no CD Rate is then in effect, the
                       interest rate for the next Interest Reset Period will be
                       the Initial Interest Rate.

                 "H.15(519)" means the weekly statistical release designated as
                 H.15(519), or any successor publication, published by the Board
                 of Governors of the Federal Reserve System.

                 "H.15  Daily  Update"  means  the daily  update  of  H.15(519),
                 available  through  the  world-wide-web  site of the  Board  of
                 Governors     of    the    Federal     Reserve     System    at
                 http//www.federalreserve.gov/releases/H15/update,     or    any
                 successor site or publication.

                 (2) CMT RATE NOTES. If the Interest Rate Basis is the CMT Rate,
                 this Note shall be deemed a "CMT Rate Note."  Unless  otherwise
                 specified  on the  face  hereof,  "CMT  Rate"  means,  from the
                 Issuance  Date to the first  Interest  Reset Date,  the Initial
                 Interest Rate, if any, and thereafter:

                       (A) if CMT  Moneyline  Telerate Page 7051 is specified on
                       the face hereof:

                             i.    the percentage  equal to the yield for United
                                   States   Treasury   securities  at  "constant
                                   maturity" having the Index Maturity specified
                                   on the face hereof as  published in H.15(519)
                                   under   the   caption   "Treasury    Constant
                                   Maturities",  as the  yield is  displayed  on
                                   Moneyline Telerate (or any successor service)
                                   on  page  7051  (or  any  other  page  as may
                                   replace the  specified  page on that service)
                                   ("Moneyline  Telerate  Page  7051"),  for the
                                   particular Interest Determination Date; or

                             ii.   if the rate  referred  to in clause  (i) does
                                   not so  appear  on  Moneyline  Telerate  Page
                                   7051, the  percentage  equal to the yield for
                                   United   States   Treasury    securities   at
                                   "constant  maturity"  having  the  particular
                                   Index   Maturity   and  for  the   particular
                                   Interest  Determination  Date as published in
                                   H.15(519)   under   the   caption   "Treasury
                                   Constant Maturities"; or

                  Hartford Life Global Funding Trust 2008-002
                                     B - 12
<PAGE>

                             iii.  if the rate  referred  to in clause (ii) does
                                   not so appear in  H.15(519),  the rate on the
                                   particular  Interest  Determination  Date for
                                   the period of the  particular  Index Maturity
                                   as  may  then  be  published  by  either  the
                                   Federal  Reserve System Board of Governors or
                                   the United States  Department of the Treasury
                                   that the Calculation  Agent  determines to be
                                   comparable to the rate which would  otherwise
                                   have been published in H.15(519); or

                             iv.   if the rate  referred  to in clause  (iii) is
                                   not so published,  the rate on the particular
                                   Interest Determination Date calculated by the
                                   Calculation  Agent  as a  yield  to  maturity
                                   based on the arithmetic mean of the secondary
                                   market bid prices at approximately 3:30 P.M.,
                                   New  York  City   time,   on  that   Interest
                                   Determination  Date of three leading  primary
                                   United States government  securities  dealers
                                   in The City of New York  (which  may  include
                                   the  purchasing   agent  or  its  affiliates)
                                   (each, a "Reference  Dealer") selected by the
                                   Calculation Agent from five Reference Dealers
                                   selected   by  the   Calculation   Agent  and
                                   eliminating the highest quotation, or, in the
                                   event of equality,  one of the  highest,  and
                                   the  lowest  quotation  or,  in the  event of
                                   equality,  one  of  the  lowest,  for  United
                                   States  Treasury  securities with an original
                                   maturity  equal  to  the   particular   Index
                                   Maturity,  a  remaining  term to  maturity no
                                   more than one year  shorter  than that  Index
                                   Maturity  and in a  principal  amount that is
                                   representative  for a single  transaction  in
                                   the  securities  in that market at that time;
                                   or

                             v.    if fewer  than  five but more than two of the
                                   prices   referred   to  in  clause  (iv)  are
                                   provided  as  requested,   the  rate  on  the
                                   particular   Interest    Determination   Date
                                   calculated by the Calculation  Agent based on
                                   the   arithmetic   mean  of  the  bid  prices
                                   obtained  and  neither  the  highest  nor the
                                   lowest of the quotations shall be eliminated;
                                   or

                             vi.   if fewer than  three  prices  referred  to in
                                   clause (iv) are  provided as  requested,  the
                                   rate on the particular Interest Determination
                                   Date calculated by the Calculation Agent as a
                                   yield to  maturity  based  on the  arithmetic
                                   mean of the secondary market bid prices as of
                                   approximately  3:30 P.M., New York City time,
                                   on that Interest  Determination Date of three
                                   Reference Dealers selected by the Calculation
                                   Agent from five Reference Dealers selected by
                                   the  Calculation  Agent and  eliminating  the
                                   highest   quotation   or,  in  the  event  of
                                   equality,  one of the  highest and the lowest
                                   quotation  or, in the event of equality,  one
                                   of the  lowest,  for United  States  Treasury
                                   securities with an original  maturity greater
                                   than  the  particular   Index   Maturity,   a
                                   remaining  term to

                  Hartford Life Global Funding Trust 2008-002
                                     B - 13
<PAGE>

                                   maturity  closest to that Index  Maturity and
                                   in a principal amount that is  representative
                                   for a single transaction in the securities in
                                   that market at that time; or

                             vii.  if fewer  than five but more than two  prices
                                   referred  to in clause  (vi) are  provided as
                                   requested,   the   rate  on  the   particular
                                   Interest Determination Date calculated by the
                                   Calculation  Agent  based  on the  arithmetic
                                   mean of the bid prices  obtained  and neither
                                   the highest nor the lowest of the  quotations
                                   will be eliminated; or

                             viii. if fewer than  three  prices  referred  to in
                                   clause (vi) are  provided as  requested,  the
                                   CMT Rate in effect on the particular Interest
                                   Determination  Date;  provided that if no CMT
                                   Rate is then in effect, the interest rate for
                                   the next  Interest  Reset  Period will be the
                                   Initial Interest Rate; or

                       (B) if CMT  Moneyline  Telerate Page 7052 is specified on
                       the face hereof:

                             i.    the  percentage  equal  to  the  one-week  or
                                   one-month,  as  specified on the face hereof,
                                   average  yield  for  United  States  Treasury
                                   securities at "constant  maturity" having the
                                   Index  Maturity  specified on the face hereof
                                   as  published   in  H.15(519)   opposite  the
                                   caption "Treasury  Constant  Maturities",  as
                                   the yield is displayed on Moneyline  Telerate
                                   (or any  successor  service) (on page 7052 or
                                   any other page as may replace  the  specified
                                   page on that  service)  ("Moneyline  Telerate
                                   Page  7052"),  for  the  week  or  month,  as
                                   applicable,  ended immediately  preceding the
                                   week or month,  as  applicable,  in which the
                                   particular Interest Determination Date falls;
                                   or

                             ii.   if the rate  referred  to in clause  (i) does
                                   not so  appear  on  Moneyline  Telerate  Page
                                   7052, the percentage equal to the one-week or
                                   one-month,  as  specified on the face hereof,
                                   average  yield  for  United  States  Treasury
                                   securities at "constant  maturity" having the
                                   particular Index Maturity and for the week or
                                   month,    as   applicable,    preceding   the
                                   particular  Interest  Determination  Date  as
                                   published in  H.15(519)  opposite the caption
                                   "Treasury Constant Maturities"; or

                             iii.  if the rate  referred  to in clause (ii) does
                                   not so appear in  H.15(519),  the one-week or
                                   one-month,  as  specified on the face hereof,
                                   average  yield  for  United  States  Treasury
                                   securities at "constant  maturity" having the
                                   particular   Index   Maturity  as   otherwise
                                   announced by the Federal  Reserve Bank of New
                                   York for the week or  month,  as  applicable,
                                   ended immediately

                  Hartford Life Global Funding Trust 2008-002
                                     B - 14
<PAGE>

                                   preceding the week or month,  as  applicable,
                                   in    which    the    particular     Interest
                                   Determination Date falls; or

                             iv.   if the rate  referred  to in clause  (iii) is
                                   not so published,  the rate on the particular
                                   Interest Determination Date calculated by the
                                   Calculation  Agent  as a  yield  to  maturity
                                   based on the arithmetic mean of the secondary
                                   market bid prices at approximately 3:30 P.M.,
                                   New  York  City   time,   on  that   Interest
                                   Determination Date of three Reference Dealers
                                   selected by the  Calculation  Agent from five
                                   Reference Dealers selected by the Calculation
                                   Agent and eliminating the highest  quotation,
                                   or,  in the  event  of  equality,  one of the
                                   highest,  and the lowest quotation or, in the
                                   event of  equality,  one of the  lowest,  for
                                   United  States  Treasury  securities  with an
                                   original  maturity  equal  to the  particular
                                   Index Maturity,  a remaining term to maturity
                                   no more than one year shorter than that Index
                                   Maturity  and in a  principal  amount that is
                                   representative  for a single  transaction  in
                                   the  securities  in that market at that time;
                                   or

                             v.    if fewer  than  five but more than two of the
                                   prices   referred   to  in  clause  (iv)  are
                                   provided  as  requested,   the  rate  on  the
                                   particular   Interest    Determination   Date
                                   calculated by the Calculation  Agent based on
                                   the   arithmetic   mean  of  the  bid  prices
                                   obtained  and  neither  the  highest  nor the
                                   lowest of the quotations shall be eliminated;
                                   or

                             vi.   if fewer than  three  prices  referred  to in
                                   clause (iv) are  provided as  requested,  the
                                   rate on the particular Interest Determination
                                   Date calculated by the Calculation Agent as a
                                   yield to  maturity  based  on the  arithmetic
                                   mean of the secondary market bid prices as of
                                   approximately  3:30 P.M., New York City time,
                                   on that Interest  Determination Date of three
                                   Reference Dealers selected by the Calculation
                                   Agent from five Reference Dealers selected by
                                   the  Calculation  Agent and  eliminating  the
                                   highest   quotation   or,  in  the  event  of
                                   equality,  one of the  highest and the lowest
                                   quotation  or, in the event of equality,  one
                                   of the  lowest,  for United  States  Treasury
                                   securities with an original  maturity greater
                                   than  the  particular   Index   Maturity,   a
                                   remaining  term to  maturity  closest to that
                                   Index Maturity and in a principal amount that
                                   is representative for a single transaction in
                                   the securities in that market at the time; or

                             vii.  if fewer  than five but more than two  prices
                                   referred  to in clause  (vi) are  provided as
                                   requested,   the   rate  on  the   particular
                                   Interest Determination Date calculated by the
                                   Calculation  Agent  based  on the  arithmetic
                                   mean of the bid prices  obtained  and neither

                  Hartford Life Global Funding Trust 2008-002
                                     B - 15
<PAGE>

                                   the highest nor the lowest of the  quotations
                                   will be eliminated; or

                             viii. if fewer than  three  prices  referred  to in
                                   clause (vi) are  provided as  requested,  the
                                   CMT   Rate  in   effect   on  that   Interest
                                   Determination  Date;  provided that if no CMT
                                   Rate is then in effect, the interest rate for
                                   the next  Interest  Reset  Period will be the
                                   Initial Interest Rate.

                       If two United States Treasury securities with an original
                       maturity greater than the Index Maturity specified on the
                       face hereof  have  remaining  terms to  maturity  equally
                       close to the particular  Index  Maturity,  the quotes for
                       the United  States  Treasury  security  with the  shorter
                       original remaining term to maturity will be used.

                 (3) COMMERCIAL  PAPER RATE NOTES. If the Interest Rate Basis is
                 the  Commercial  Paper  Rate,  this  Note  shall  be  deemed  a
                 "Commercial Paper Rate Note." Unless otherwise specified on the
                 face hereof,  "Commercial  Paper Rate" means, from the Issuance
                 Date to the first  Interest  Reset Date,  the Initial  Interest
                 Rate, if any, and thereafter:

                       (A) the  Money  Market  Yield (as  defined  below) on the
                       particular  Interest  Determination  Date of the rate for
                       commercial  paper having the Index Maturity  specified on
                       the face  hereof  as  published  in  H.15(519)  under the
                       caption "Commercial Paper--Nonfinancial"; or

                       (B) if  the  rate  referred  to in  clause  (A) is not so
                       published  by 3:00  P.M.,  New  York  City  time,  on the
                       related  Calculation  Date, the Money Market Yield of the
                       rate on the particular  Interest  Determination  Date for
                       commercial  paper having the particular Index Maturity as
                       published in H.15 Daily Update,  or such other recognized
                       electronic  source used for the purpose of displaying the
                       applicable   rate,   under   the   caption    "Commercial
                       Paper--Nonfinancial"; or

                       (C) if  the  rate  referred  to in  clause  (B) is not so
                       published  by 3:00  P.M.,  New  York  City  time,  on the
                       related  Calculation  Date,  the  rate on the  particular
                       Interest Determination Date calculated by the Calculation
                       Agent as the Money Market Yield of the arithmetic mean of
                       the offered rates at  approximately  11:00 A.M., New York
                       City time, on that Interest  Determination  Date of three
                       leading dealers of United States dollar  commercial paper
                       in The City of New York (which may include the purchasing
                       agent  or its  affiliates)  selected  by the  Calculation
                       Agent for commercial  paper having the  particular  Index
                       Maturity placed for industrial  issuers whose bond rating
                       is "Aa", or the equivalent,  from a nationally recognized
                       statistical rating organization; or

                  Hartford Life Global Funding Trust 2008-002
                                     B - 16
<PAGE>

                       (D) if the dealers so selected by the  Calculation  Agent
                       are  not  quoting  as   mentioned   in  clause  (C),  the
                       Commercial   Paper  Rate  in  effect  on  the  particular
                       Interest   Determination   Date;   provided  that  if  no
                       Commercial  Paper  Rate is then in effect,  the  interest
                       rate  for the  next  Interest  Reset  Period  will be the
                       Initial Interest Rate.

                 "Money Market Yield" means a yield (expressed  as a percentage)
                 calculated in accordance with the following formula:

                       Money Market Yield =           D x 360       x 100
                                                 ------------------
                                                   360 - (D x M)

                 where  "D"  refers  to  the   applicable  per  annum  rate  for
                 commercial  paper quoted on a bank discount basis and expressed
                 as a decimal,  and "M"  refers to the actual  number of days in
                 the applicable Interest Reset Period.

                 (4) FEDERAL FUNDS RATE NOTES. If the Interest Rate Basis is the
                 Federal Funds Rate,  this Note shall be deemed a "Federal Funds
                 Rate Note."  Unless  otherwise  specified  on the face  hereof,
                 "Federal Funds Rate" means, from the Issuance Date to the first
                 Interest  Reset Date,  the Initial  Interest  Rate, if any, and
                 thereafter:

                       (A) the  rate on the  particular  Interest  Determination
                       Date for United States dollar  federal funds as published
                       in   H.15(519)   under   the   caption   "Federal   Funds
                       (Effective)" and displayed on Moneyline  Telerate (or any
                       successor  service) on page 120 (or any other page as may
                       replace the specified  page on that service)  ("Moneyline
                       Telerate Page 120"); or

                       (B) if the rate  referred  to in  clause  (A) does not so
                       appear  on  Moneyline  Telerate  Page  120  or is  not so
                       published  by 3:00  P.M.,  New  York  City  time,  on the
                       related  Calculation  Date,  the  rate on the  particular
                       Interest  Determination  Date for  United  States  dollar
                       federal funds as published in H.15 Daily Update,  or such
                       other recognized  electronic  source used for the purpose
                       of  displaying  the  applicable  rate,  under the caption
                       "Federal Funds (Effective)"; or

                       (C) if  the  rate  referred  to in  clause  (B) is not so
                       published  by 3:00  P.M.,  New  York  City  time,  on the
                       related  Calculation  Date,  the  rate on the  particular
                       Interest Determination Date calculated by the Calculation
                       Agent as the  arithmetic  mean of the  rates for the last
                       transaction  in overnight  United States  dollar  federal
                       funds arranged by three leading  brokers of United States
                       dollar federal funds transactions in The City of New York
                       (which  may   include   the   purchasing   agent  or  its
                       affiliates)  selected by the  Calculation  Agent prior to
                       9:00  A.M.,   New  York  City  time,   on  that  Interest
                       Determination Date; or

                       (D) if the brokers so selected by the  Calculation  Agent
                       are not quoting as  mentioned  in clause (C), the Federal
                       Funds   Rate  in  effect  on  the   particular   Interest
                       Determination Date; provided that if no Federal Funds

                  Hartford Life Global Funding Trust 2008-002
                                     B - 17
<PAGE>

                       Rate is then in effect,  the  interest  rate for the next
                       Interest Reset Period will be the Initial Interest Rate.

                 (5) LIBOR NOTES. If the Interest Rate Basis is LIBOR, this Note
                 shall be deemed a "LIBOR Note." Unless  otherwise  specified on
                 the face hereof,  "LIBOR" means,  from the Issuance Date to the
                 first Interest  Reset Date, the Initial  Interest Rate, if any,
                 and thereafter:

                       (A) if "LIBOR  Moneyline  Telerate"  is  specified on the
                       face  hereof or if  neither  "LIBOR  Reuters"  nor "LIBOR
                       Moneyline  Telerate"  is  specified on the face hereof as
                       the method for calculating  LIBOR,  the rate for deposits
                       in the LIBOR Currency (as defined below) having the Index
                       Maturity specified on the face hereof,  commencing on the
                       related  Interest  Reset Date,  that appears on the LIBOR
                       Page (as defined below) as of 11:00 A.M., London time, on
                       the particular Interest Determination Date; or

                       (B) if "LIBOR  Reuters" is  specified on the face hereof,
                       the arithmetic  mean of the offered rates,  calculated by
                       the Calculation  Agent, or the offered rate, if the LIBOR
                       Page by its terms  provides  only for a single rate,  for
                       deposits  in the LIBOR  Currency  having  the  particular
                       Index Maturity,  commencing on the related Interest Reset
                       Date, that appear or appears,  as the case may be, on the
                       LIBOR  Page  as  of  11:00  A.M.,  London  time,  on  the
                       particular Interest Determination Date; or

                       (C) if fewer than two offered  rates  appear,  or no rate
                       appears,  as the case may be, on the particular  Interest
                       Determination  Date on the  LIBOR  Page as  specified  in
                       clause (A) or (B), as applicable,  the rate calculated by
                       the Calculation  Agent as the arithmetic mean of at least
                       two offered quotations  obtained by the Calculation Agent
                       after  requesting the principal London offices of each of
                       four major reference banks (which may include  affiliates
                       of the purchasing  agent) in the London  interbank market
                       to  provide  the  Calculation   Agent  with  its  offered
                       quotation  for  deposits  in the LIBOR  Currency  for the
                       period of the particular  Index  Maturity,  commencing on
                       the related  Interest  Reset Date,  to prime banks in the
                       London  interbank  market at  approximately  11:00  A.M.,
                       London time, on that Interest Determination Date and in a
                       principal  amount  that is  representative  for a  single
                       transaction  in the LIBOR Currency in that market at that
                       time; or

                       (D) if fewer than two offered  quotations  referred to in
                       clause (C) are provided as requested, the rate calculated
                       by the  Calculation  Agent as the arithmetic  mean of the
                       rates  quoted  at   approximately   11:00  A.M.,  in  the
                       applicable  Principal Financial Center, on the particular
                       Interest  Determination  Date by three major banks (which
                       may include  affiliates of the purchasing  agent) in that
                       Principal  Financial  Center  selected by the Calculation
                       Agent for loans in the LIBOR Currency to leading European

                  Hartford Life Global Funding Trust 2008-002
                                     B - 18
<PAGE>

                       banks,  having the  particular  Index  Maturity  and in a
                       principal  amount  that is  representative  for a  single
                       transaction  in the LIBOR Currency in that market at that
                       time; or

                       (E) if the banks so selected by the Calculation Agent are
                       not quoting as mentioned  in clause (D),  LIBOR in effect
                       on the particular  Interest  Determination Date; provided
                       that if no LIBOR is then in effect, the interest rate for
                       the  next  Interest  Reset  Period  will  be the  Initial
                       Interest Rate.

                 "LIBOR  Currency"  means  the  currency  specified  on the face
                 hereof as to which LIBOR shall be calculated or, if no currency
                 is specified on the face hereof, United States dollars.

                 "LIBOR Page" means either:  (1) if "LIBOR Reuters" is specified
                 on the face  hereof,  the display on the Reuter  Monitor  Money
                 Rates Service (or any successor  service) on the page specified
                 on the face hereof (or any other page as may replace  that page
                 on that  service)  for the  purpose  of  displaying  the London
                 interbank rates of major banks for the LIBOR  Currency;  or (2)
                 if "LIBOR  Moneyline  Telerate" is specified on the face hereof
                 or neither "LIBOR  Reuters" nor "LIBOR  Moneyline  Telerate" is
                 specified  on the face  hereof as the  method  for  calculating
                 LIBOR,  the display on  Moneyline  Telerate  (or any  successor
                 service) on the page specified on the face hereof (or any other
                 page as may replace such page on such  service),  or if no such
                 page is specified,  on the Moneyline Telerate (or any successor
                 service) page  generally used for the purpose of displaying the
                 London interbank rates of major banks for the LIBOR Currency.

                 (6) PRIME RATE NOTES.  If the Interest  Rate Basis is the Prime
                 Rate,  this Note shall be deemed a "Prime  Rate  Note."  Unless
                 otherwise  specified  on the face  hereof,  "Prime Rate" means,
                 from the Issuance Date to the first  Interest  Reset Date,  the
                 Initial Interest Rate, if any, and thereafter:

                       (A) the  rate on the  particular  Interest  Determination
                       Date as published in  H.15(519)  under the caption  "Bank
                       Prime Loan"; or

                       (B) if  the  rate  referred  to in  clause  (A) is not so
                       published  by 3:00  P.M.,  New  York  City  time,  on the
                       related  Calculation  Date,  the  rate on the  particular
                       Interest  Determination  Date as  published in H.15 Daily
                       Update,  or such other recognized  electronic source used
                       for the purpose of displaying the applicable  rate, under
                       the caption "Bank Prime Loan", or

                       (C) if  the  rate  referred  to in  clause  (B) is not so
                       published  by 3:00  P.M.,  New  York  City  time,  on the
                       related  Calculation  Date,  the  rate on the  particular
                       Interest Determination Date calculated by the Calculation
                       Agent as the  arithmetic  mean of the  rates of  interest
                       publicly  announced  by each  bank  that  appears  on the
                       Reuters Screen US PRIME 1 Page (as defined

                  Hartford Life Global Funding Trust 2008-002
                                     B - 19
<PAGE>

                       below)  as the  applicable  bank's  prime  rate  or  base
                       lending  rate as of 11:00  A.M.,  New York City time,  on
                       that Interest Determination Date; or

                       (D) if fewer  than four rates  referred  to in clause (C)
                       are so published by 3:00 p.m., New York City time, on the
                       related  Calculation  Date,  the rate  calculated  by the
                       Calculation    Agent   on   the    particular    Interest
                       Determination  Date as the  arithmetic  mean of the prime
                       rates or base  lending  rates  quoted on the basis of the
                       actual  number of days in the year  divided  by a 360-day
                       year  as of  the  close  of  business  on  that  Interest
                       Determination  Date  by  three  major  banks  (which  may
                       include  affiliates of the purchasing  agent) in The City
                       of New York selected by the Calculation Agent; or

                       (E) if the banks so selected by the Calculation Agent are
                       not quoting as mentioned in clause (D), the Prime Rate in
                       effect on the  particular  Interest  Determination  Date;
                       provided  that if no Prime  Rate is then in  effect,  the
                       interest rate for the next Interest  Reset Period will be
                       the Initial Interest Rate.

                 "Reuters  Screen  US PRIME 1 Page"  means  the  display  on the
                 Reuter  Monitor Money Rates Service (or any successor  service)
                 on the "US PRIME 1" page (or any other page as may replace that
                 page on that service) for the purpose of displaying prime rates
                 or base lending rates of major United States banks.

                 (7)  TREASURY  RATE NOTES.  If the  Interest  Rate Basis is the
                 Treasury  Rate,  this  Note  shall be deemed a  "Treasury  Rate
                 Note." Unless otherwise specified on the face hereof, "Treasury
                 Rate" means, from the Issuance Date to the first Interest Reset
                 Date, the Initial Interest Rate, if any, and thereafter:

                       (A) the  rate  from  the  auction  held  on the  Interest
                       Determination  Date (the "Auction") of direct obligations
                       of the United States ("Treasury  Bills") having the Index
                       Maturity  specified  on the face hereof under the caption
                       "Investment  Rate" on the display on  Moneyline  Telerate
                       (or any successor  service) on page 56 (or any other page
                       as may  replace  that page on that  service)  ("Moneyline
                       Telerate  Page 56") or page 57 (or any other  page as may
                       replace that page on that service)  ("Moneyline  Telerate
                       Page 57"); or

                       (B) if  the  rate  referred  to in  clause  (A) is not so
                       published  by 3:00  P.M.,  New  York  City  time,  on the
                       related  Calculation  Date, the Bond Equivalent Yield (as
                       defined  below) of the rate for the  applicable  Treasury
                       Bills as  published  in H.15  Daily  Update,  or  another
                       recognized  electronic  source  used for the  purpose  of
                       displaying the applicable  rate,  under the caption "U.S.
                       Government Securities/Treasury Bills/Auction High"; or

                       (C) if  the  rate  referred  to in  clause  (B) is not so
                       published  by 3:00  P.M.,  New  York  City  time,  on the
                       related Calculation Date, the Bond

                  Hartford Life Global Funding Trust 2008-002
                                     B - 20
<PAGE>

                       Equivalent  Yield of the auction  rate of the  applicable
                       Treasury   Bills  as  announced  by  the  United   States
                       Department of the Treasury; or

                       (D) if  the  rate  referred  to in  clause  (C) is not so
                       announced  by  the  United   States   Department  of  the
                       Treasury,  or if  the  Auction  is  not  held,  the  Bond
                       Equivalent  Yield of the rate on the particular  Interest
                       Determination  Date of the  applicable  Treasury Bills as
                       published in H.15(519) under the caption "U.S. Government
                       Securities/Treasury Bills/Secondary Market"; or

                       (E) if  the  rate  referred  to in  clause  (D) is not so
                       published  by 3:00  P.M.,  New  York  City  time,  on the
                       related  Calculation  Date,  the  rate on the  particular
                       Interest  Determination  Date of the applicable  Treasury
                       Bills as  published  in H.15  Daily  Update,  or  another
                       recognized  electronic  source  used for the  purpose  of
                       displaying the applicable  rate,  under the caption "U.S.
                       Government  Securities/Treasury  Bills/Secondary Market";
                       or

                       (F) if  the  rate  referred  to in  clause  (E) is not so
                       published  by 3:00  P.M.,  New  York  City  time,  on the
                       related  Calculation  Date,  the  rate on the  particular
                       Interest Determination Date calculated by the Calculation
                       Agent as the Bond Equivalent Yield of the arithmetic mean
                       of the secondary  market bid rates,  as of  approximately
                       3:30  P.M.,   New  York  City  time,   on  that  Interest
                       Determination   Date,  of  three  primary  United  States
                       government  securities  dealers  (which may  include  the
                       purchasing  agent  or  its  affiliates)  selected  by the
                       Calculation Agent, for the issue of Treasury Bills with a
                       remaining   maturity   closest  to  the  Index   Maturity
                       specified on the face hereof; or

                       (G) if the dealers so selected by the  Calculation  Agent
                       are not quoting as  mentioned in clause (F), the Treasury
                       Rate in effect on the particular  Interest  Determination
                       Date;  provided  that  if no  Treasury  Rate  is  then in
                       effect,  the interest  rate for the next  Interest  Reset
                       Period will be the Initial Interest Rate.

                 "Bond   Equivalent   Yield"  means  a  yield  (expressed  as  a
                 percentage)   calculated  in  accordance   with  the  following
                 formula:

                       Bond Equivalent Yield =           D x N        x 100
                                                   ------------------
                                                     360 - (D x M)

                 where "D" refers to the  applicable per annum rate for Treasury
                 Bills  quoted  on a bank  discount  basis  and  expressed  as a
                 decimal,  "N" refers to 365 or 366, as the case may be, and "M"
                 refers to the actual number of days in the applicable  Interest
                 Reset Period.

           (C)   DISCOUNT NOTES. If this Note is specified on the face hereof as
                 a "Discount Note":

                  Hartford Life Global Funding Trust 2008-002
                                     B - 21
<PAGE>

         (i) PRINCIPAL  AND  INTEREST.  This Note will bear interest in the same
         manner as set forth in Section  3(A) above,  and  payments of principal
         and interest  shall be made as set forth on the face  hereof.  Discount
         Notes may not bear any  interest  currently  or may bear  interest at a
         rate that is below market rates at the time of issuance. The difference
         between  the Issue  Price of a Discount  Note and par is referred to as
         the "Discount".

         (ii) REDEMPTION; REPAYMENT;  ACCELERATION. In the event a Discount Note
         is redeemed, repaid or accelerated, the amount payable to the Holder of
         such  Discount  Note will be equal to the sum of:  (A) the Issue  Price
         (increased  by any  accruals  of  Discount)  and,  in the  event of any
         redemption of such  Discount  Note,  if  applicable,  multiplied by the
         Initial  Redemption  Percentage  (as adjusted by the Annual  Redemption
         Percentage  Reduction,  if  applicable);  and (B) any  unpaid  interest
         accrued on such  Discount Note to the Maturity  Date  ("Amortized  Face
         Amount").  Unless otherwise  specified on the face hereof, for purposes
         of  determining  the amount of Discount that has accrued as of any date
         on which a redemption, repayment or acceleration of maturity occurs for
         a Discount  Note,  a Discount  will be accrued  using a constant  yield
         method.  The constant  yield will be  calculated  using a 30-day month,
         360-day year  convention,  a  compounding  period that,  except for the
         Initial Period (as defined  below),  corresponds to the shortest period
         between Interest  Payment Dates for the applicable  Discount Note (with
         ratable accruals within a compounding  period),  a coupon rate equal to
         the initial coupon rate applicable to the applicable  Discount Note and
         an  assumption  that the  maturity  of such  Discount  Note will not be
         accelerated. If the period from the date of issue to the first Interest
         Payment Date for a Discount Note (the "Initial Period") is shorter than
         the compounding  period for such Discount Note, a proportionate  amount
         of the yield for an entire compounding  period will be accrued.  If the
         Initial Period is longer than the compounding  period,  then the period
         will be divided  into a regular  compounding  period and a short period
         with the short period being treated as provided above.

SECTION 4.  REDEMPTION.  If no redemption right is set forth on the face hereof,
this Note may not be redeemed prior to the Stated  Maturity Date,  except as set
forth in the Indenture.  If a redemption  right is set forth on the face of this
Note, the Trust shall redeem this Note on the Interest  Payment Date on or after
the  Initial  Redemption  Date set forth on the face hereof on which the Funding
Agreement  is to be  redeemed  in whole or in part by  Hartford  Life  Insurance
Company  ("HARTFORD LIFE") (each, a "REDEMPTION  DATE"), in which case this Note
must be redeemed on such  Redemption  Date in whole or in part,  as  applicable,
prior to the  Stated  Maturity  Date,  in  increments  equal  to the  Authorized
Denominations  (provided that any remaining  Principal Amount hereof shall be at
least equal to the Authorized  Denomination) at the applicable  Redemption Price
(as defined below),  together with unpaid interest,  if any, accrued thereon to,
but excluding,  the applicable Redemption Date. "REDEMPTION PRICE" shall mean an
amount  equal to the Initial  Redemption  Percentage  (as adjusted by the Annual
Redemption  Percentage  Reduction,  if  applicable)  multiplied  by  the  unpaid
Principal  Amount of this Note to be redeemed (or in the case of Discount Notes,
multiplied as set forth in Section 3(C)(ii) above).  The unpaid Principal Amount
of  this  Note  to be  redeemed  shall  be  determined  by  multiplying  (1) the
Outstanding  Principal  Amount  of  this  Note by (2) the  quotient  derived  by
dividing (A) the  outstanding  principal  amount of the Funding  Agreement to be
redeemed by Hartford Life by (B) the outstanding principal amount of the Funding
Agreement.

                  Hartford Life Global Funding Trust 2008-002
                                     B - 22
<PAGE>

The Initial Redemption Percentage, if any, applicable to this Note shall decline
at each  anniversary  of the Initial  Redemption  Date by an amount equal to the
applicable Annual Redemption Percentage Reduction,  if any, until the Redemption
Price is equal to 100% of the unpaid amount thereof to be redeemed.  Notice must
be given not more than seventy-five (75) nor less than thirty (30) calendar days
prior to the proposed  Redemption  Date. In the event of redemption of this Note
in part only, a new Note for the  unredeemed  portion  hereof shall be issued in
the name of the Holder hereof upon the surrender hereof.

SECTION 5. SINKING  FUNDS AND  AMORTIZING  NOTES.  Unless  specified on the face
hereof,  this Note will not be subject  to, or  entitled  to the benefit of, any
sinking  fund.  If this Note is specified  on the face hereof as an  "Amortizing
Note",  this Note will bear  interest in the same manner as set forth in Section
3(A) above,  and payments of  principal,  premium,  if any, and interest will be
made as set  forth on the face  hereof  and/or in  accordance  with  Schedule  I
attached hereto. The Trust will make payments combining  principal,  premium (if
any) and interest,  if applicable,  on the dates and in the amounts set forth in
the table  appearing in SCHEDULE I, attached to this Note or in accordance  with
the formula  specified on the face hereof.  Payments made hereon will be applied
first to interest due and payable hereon and then to the reduction of the unpaid
principal amount hereof.

SECTION 6.  REPAYMENT.  If no  repayment  right is set forth on the face hereof,
this Note may not be repaid at the  option  of the  Holder  hereof  prior to the
Stated  Maturity Date. If a repayment right is granted on the face of this Note,
this  Note may be  subject  to  repayment  at the  option  of the  Holder on any
Interest  Payment  Date on and  after the date,  if any,  indicated  on the face
hereof (each,  a "Repayment  Date").  On any Repayment  Date,  unless  otherwise
specified on the face  hereof,  this Note shall be repayable in whole or in part
in increments equal to the Authorized Denominations (provided that any remaining
Principal Amount hereof shall be at least equal to the Authorized  Denomination)
at  the  option  of the  Holder  hereof  at the  Repayment  Price  equal  to the
percentage  of the Principal  Amount to be repaid  specified on the face hereof,
together with interest  thereon  payable to the Repayment Date. For this Note to
be repaid in whole or in part at the option of the Holder hereof,  the Indenture
Trustee (or the Paying Agent on behalf of the  Indenture  Trustee) must receive,
at its  Corporate  Trust  Office,  or at such other place or places of which the
Trust  shall from time to time  notify  the  Holder of this Note,  not more than
seventy-five  (75) nor less than  thirty  (30) days prior to a  Repayment  Date,
shown on the face of this Note, (I) this Note with the form entitled  "Option to
Elect  Repayment",  attached  hereto,  duly  completed  by the  Holder or (II) a
telegram,  telex, facsimile transmission or a letter from a member of a national
securities exchange or the National Association of Securities Dealers, Inc. or a
commercial  bank or a trust company in the United States  setting forth the name
of the holder of this Note, the principal amount hereof,  the certificate number
of this Note or a  description  of this Note's  tenor and terms,  the  principal
amount hereof to be repaid,  a statement  that the option to elect  repayment is
being exercised  thereby and a guarantee that this Note,  together with the form
entitled  "Option to Elect  Repayment" duly  completed,  will be received by the
Indenture  Trustee (or the Paying Agent on behalf of the Indenture  Trustee) not
later than the fifth (5th) Business Day after the date of such telegram,  telex,
facsimile transmission or letter; PROVIDED, that such telegram, telex, facsimile
transmission  or  letter  shall  only be  effective  if this  Note and form duly
completed are received by the  Indenture  Trustee (or the Paying Agent on behalf
of the Indenture  Trustee) by such fifth (5th)  Business  Day.  Exercise of such
repayment  option by the Holder  hereof  shall be  irrevocable.  In the event of
repayment of this Note in part only, a new

                  Hartford Life Global Funding Trust 2008-002
                                     B - 23
<PAGE>

Note or Notes for the amount of the unpaid portion hereof shall be issued in the
name of the Holder hereof upon the cancellation hereof.

SECTION  7.  MODIFICATIONS  AND  WAIVERS.   The  Indenture  contains  provisions
permitting the Trust and the Indenture  Trustee (1) at any time and from time to
time without notice to, or the consent of, the Holders of any Notes issued under
the  Indenture  to enter into one or more  supplemental  indentures  for certain
enumerated  purposes  and (2) with the  consent of the  Holders of a majority in
aggregate  principal amount of the Outstanding Notes affected thereby,  to enter
into  one or  more  supplemental  indentures  for  the  purpose  of  adding  any
provisions  to, or changing in any manner or  eliminating  any of the provisions
of, the  Indenture  or of modifying in any manner the rights of Holders of Notes
under  the  Indenture;  PROVIDED,  that,  with  respect  to  certain  enumerated
provisions,  no such  supplemental  indenture  shall be entered into without the
consent of the Holder of each Note affected thereby.  Any such consent or waiver
by the Holder of this Note shall be conclusive  and binding upon such Holder and
upon  all  future  Holders  of  this  Note  and  of any  Note  issued  upon  the
registration of transfer hereof or in exchange hereof or in lieu hereof, whether
or not  notation of such  consent or waiver is made upon this Note or such other
Notes.

SECTION 8. OBLIGATIONS  UNCONDITIONAL.  No reference herein to the Indenture and
no provisions  of this Note or of the  Indenture  shall impair the right of each
Holder of any Note, which is absolute and  unconditional,  to receive payment of
the principal of, and any interest on, and premium, if any, on, such Note on the
respective Stated Maturity Date or redemption date thereof and to institute suit
for the  enforcement of any such payment,  and such rights shall not be impaired
without the consent of such Holder.

SECTION 9. EVENTS OF DEFAULT.  If an Event of Default  with respect to the Notes
shall occur and be continuing,  the principal of, and all other amounts  payable
on,  the  Notes  may be  declared  due  and  payable,  or  may be  automatically
accelerated,  as the case may be, in the manner and with the effect  provided in
the  Indenture.  In the event that this Note is a Discount  Note,  the amount of
principal of this Note that becomes due and payable upon such acceleration shall
be equal to the amount calculated as set forth in Section 3(C) hereof.

SECTION 10. WITHHOLDING; TAX EVENT. All amounts due in respect of this Note will
be made free and clear of any  applicable  withholding  or  deduction  for or on
account of any present or future taxes,  duties,  levies,  assessments  or other
governmental charges of whatever nature imposed or levied by or on behalf of any
governmental authority, unless such withholding or deduction is required by law.
Unless  otherwise  specified  on the face  hereof,  the  Trust  will not pay any
additional amounts to the Holder of this Note in respect of any such withholding
or deduction,  any such  withholding or deduction will not give rise to an Event
of Default or any  independent  right or  obligation to redeem this Note and the
Holder will be deemed for all purposes to have  received cash in an amount equal
to the portion of such  withholding  or deduction that is  attributable  to such
Holder's interest in this Note as equitably determined by the Trust.

If  Hartford  Life will be required  to pay  additional  amounts to the Trust to
reflect any required  withholding or deduction  under the Funding  Agreement and
Hartford Life is required,  or based on an opinion of independent  legal counsel
selected by Hartford Life more than an insubstantial

                  Hartford Life Global Funding Trust 2008-002
                                     B - 24
<PAGE>

risk exists that  Hartford  Life will be required to pay  additional  amounts in
respect of such  withholding or deduction,  Hartford Life will have the right to
redeem the  Funding  Agreement  and,  if  Hartford  Life elects to so redeem the
Funding  Agreement,  the Trust will redeem  this Note,  subject to the terms and
conditions of Section 2.04 of the Indenture.

         If (1) a Tax Event (defined below) as to the relevant Funding Agreement
occurs and (2) Hartford Life elects to redeem the Funding  Agreement in whole or
in part, the Trust will redeem this Note, subject to the terms and conditions of
Section 2.04 of the Indenture, at the Tax Event Redemption Price (defined below)
together with unpaid interest accrued thereon to the applicable redemption date.
"TAX  EVENT"  means  that  Hartford  Life  shall  have  received  an  opinion of
independent  legal  counsel  stating  in  effect  that  as a  result  of (A) any
amendment to, or change  (including  any announced  prospective  change) in, the
laws (or any  regulations  thereunder)  of the  United  States or any  political
subdivision or taxing  authority  thereof or therein or (B) any amendment to, or
change in, an  interpretation  or application of any such laws or regulations by
any  governmental  authority in the United States,  which amendment or change is
enacted, promulgated,  issued or announced on or after the effective date of the
relevant Funding  Agreement,  there is more than an insubstantial  risk that (I)
the Trust is, or will be within ninety (90) days of the date thereof, subject to
U.S.  federal  income tax with  respect to  interest  accrued or received on the
relevant  Funding  Agreement or (II) the Trust is, or will be within ninety (90)
days of the date  thereof,  subject to more than a de  minimis  amount of taxes,
duties or other  governmental  charges.  "TAX EVENT  REDEMPTION  PRICE" means an
amount equal to the unpaid principal  amount of this Note to be redeemed,  which
shall be determined by multiplying (1) the Outstanding  Principal Amount of this
Note by (2) the  quotient  derived by  dividing  (A) the  outstanding  principal
amount to be  redeemed  by Hartford  Life of the  Funding  Agreement  by (B) the
outstanding principal amount of the Funding Agreement.

SECTION 11. LISTING.  Unless otherwise  specified on the face hereof,  this Note
will not be listed on any securities exchange.

SECTION  12.  COLLATERAL.  The  Collateral  for this Note  includes  the Funding
Agreement specified on the face hereof.

SECTION 13. NO RECOURSE  AGAINST CERTAIN  PERSONS.  No recourse shall be had for
the payment of any principal, interest or any other sums at any time owing under
the terms of this Note, or for any claim based  hereon,  or otherwise in respect
hereof, or based on or in respect of the Indenture or any indenture supplemental
thereto, against the Nonrecourse Parties, whether by virtue of any constitution,
statute or rule of law, or by the  enforcement  of any  assessment or penalty or
otherwise,  all such personal  liability being, by the acceptance  hereof and as
part of the consideration for issue hereof, expressly waived and released.

SECTION 14. MISCELLANEOUS.

         (A) This Note is issuable only as a registered  Note without coupons in
denominations  of $1,000 and any integral  multiple of $1,000 in excess  thereof
unless otherwise specified on the face of this Note.

                  Hartford Life Global Funding Trust 2008-002
                                     B - 25
<PAGE>

         (B) Prior to due presentment for registration of transfer of this Note,
the Trust, the Indenture  Trustee,  the Registrar,  the Paying Agent, any Agent,
and any other agent of the Trust or the  Indenture  Trustee may treat the Person
in whose name this Note is  registered  as the owner  hereof for the  purpose of
receiving payment as herein provided and for all other purposes,  whether or not
this Note shall be overdue,  and none of the Trust, the Indenture  Trustee,  the
Registrar,  the Paying Agent,  any Agent, or any other agent of the Trust or the
Indenture Trustee shall be affected by notice to the contrary.

         (C) The  Notes are being  issued by means of a  book-entry-only  system
with no physical  distribution  of certificates to be made except as provided in
the Indenture.  The book-entry system maintained by DTC will evidence  ownership
of the Notes, with transfers of ownership effected on the records of DTC and its
participants  pursuant  to  rules  and  procedures  established  by DTC  and its
participants.  The Trust and the Indenture Trustee will recognize Cede & Co., as
nominee of DTC, as the registered owner of the Notes, as the Holder of the Notes
for all purposes, including payment of principal, premium (if any) and interest,
notices and  voting.  Transfer of  principal,  premium (if any) and  interest to
participants  of  DTC  will  be the  responsibility  of  DTC,  and  transfer  of
principal,  premium (if any) and interest to beneficial  holders of the Notes by
participants of DTC will be the  responsibility  of such  participants and other
nominees of such  beneficial  holders.  So long as the  book-entry  system is in
effect,  the  selection of any Notes to be redeemed or repaid will be determined
by DTC pursuant to rules and procedures established by DTC and its participants.
Neither the Trust nor the Indenture  Trustee will be  responsible  or liable for
such  transfers or payments or for  maintaining,  supervising  or reviewing  the
records  maintained  by DTC, its  participants  or persons  acting  through such
participants.

         (D) This Note or portion  hereof may not be  exchanged  for  Definitive
Notes, except in the limited  circumstances  provided for in the Indenture.  The
transfer or exchange  of  Definitive  Notes shall be subject to the terms of the
Indenture.  No service charge will be made for any  registration  of transfer or
exchange, but the Trust may require payment of a sum sufficient to cover any tax
or other governmental charge payable in connection therewith.

SECTION 15.  GOVERNING  LAW.  THIS NOTE SHALL BE GOVERNED  BY, AND  CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

                  Hartford Life Global Funding Trust 2008-002
                                     B - 26
<PAGE>

                            OPTION TO ELECT REPAYMENT

The undersigned hereby irrevocably request(s) and instruct(s) the Trust to repay
this Note (or portion hereof  specified  below) pursuant to its terms at a price
equal to the  Principal  Amount  hereof  together with interest to the repayment
date, to the undersigned, at:

_______________________________________________________________________

________________________________________________________________________(Please
print or typewrite name and address of the undersigned).

If less than the entire Principal  Amount of this Note is to be repaid,  specify
the portion  hereof  (which shall be in  increments  of $1,000) which the Holder
elects to have repaid and specify the denomination or denominations (which shall
be $______ or an integral  multiple of $1,000 in excess of $______) of the Notes
to be issued to the Holder for the portion of this Note not being repaid (in the
absence of any such specification,  one such Note will be issued for the portion
not being repaid).

$  _________________________
                                        NOTICE:  The signature on this Option to
Date:  ______________________           Elect Repayment must correspond with the
                                        name as written upon the face of this
                                        Note in every particular, without
                                        alteration or enlargement or any change
                                        whatever.

Principal Amount to be repaid, if       Fill in for registration of Notes if to
amount to be repaid is less than        be issued otherwise than to the
the Principal Amount of this Note       registered Holder:
(Principal Amount remaining must be
an authorized denomination)

                                        Name:  _________________________________

$___________________________            Address: _______________________________

                                                 _______________________________
                                                 (Please print name and address
                                                 including zip code)
SOCIAL SECURITY OR OTHER TAXPAYER ID NUMBER:  __________________________________

                   Hartford Life Global Funding Trust 2008-002

                                     B - 27
<PAGE>

                                   SCHEDULE I

                          AMORTIZATION TABLE OR FORMULA
                          -----------------------------

                                 Not applicable.

                  Hartford Life Global Funding Trust 2008-002
                                     SI - 1
<PAGE>

                                   SCHEDULE II

 SPREAD:

         The spread for the Notes for the indicated periods is as follows:
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------ -------------------------------
PERIOD                                                                               SPREAD
------------------------------------------------------------------------------------ -------------------------------
From and including the Issuance Date to but not including May 1, 2008                 Interpolated rate based upon
                                                                                     the 1-month and 2-month LIBOR
                                                                                                + 0.35%
------------------------------------------------------------------------------------ -------------------------------
<S>                                                                                             <C>
From and including May 1, 2008 to but not including April 1, 2009                               + 0.35%
------------------------------------------------------------------------------------ -------------------------------
From and including April 1, 2009 to but not including April 1, 2010                             + 0.37%
------------------------------------------------------------------------------------ -------------------------------
From and including April 1, 2010 to but not including April 1, 2011                             + 0.38%
------------------------------------------------------------------------------------ -------------------------------
From and including April 1, 2011 to but not including April 1, 2012                             + 0.39%
------------------------------------------------------------------------------------ -------------------------------
From and including April 1, 2012 to but not including the Stated Maturity Date                  + 0.40%
------------------------------------------------------------------------------------ -------------------------------
</TABLE>

                  Hartford Life Global Funding Trust 2008-002
                                     SII - 1Exhibit 10.1

                                    AGREEMENT

      This Agreement (the  "Agreement")  is entered into and effective as of the
__ day of  ___________,  2008 (the "Effective Date"),  by and  between  SYNOVICS
PHARMACEUTICALS,  INC., a Nevada  corporation  ("SYNOVICS")  and JOHN S. COPANOS
("COPANOS").

                            PRELIMINARY STATEMENTS

      A. On or about November 9, 2007,  SYNOVICS executed that certain Agreement
(the "Agreement"),  a copy of which is attached hereto and made a part hereof as
Exhibit A, with Copanos to settle,  comprise and amicably  resolve  their issues
with  respect to SYNOVICS'  payment  obligations  to COPANOS,  pursuant to which
Agreement  SYNOVICS was  obligated to make,  among other  payments,  a principal
payment of One Million  Five  Hundred  Thousand  ($1,500,000.00)  Dollars,  plus
interest, on January 15, 2008, which amount was not paid by it.

      B. The parties  desire to settle,  comprise  and  amicably  resolve  their
issues with  respect to SYNOVICS'  payment  obligations  under the  Agreement to
COPANOS, in accordance with the terms and conditions of this Agreement.

      NOW,  THEREFORE,  for and in consideration of the amount set forth in this
Agreement  the mutual  covenants  herein  contained  and other good and valuable
consideration,  the receipt and adequacy of which are forever  acknowledged  and
confessed, the parties agree as follows:

                                   AGREEMENT

      1. The above recitals are true and correct.

      2. DEFINITIONS. The following defined terms shall have the meaning stated:

            2.1.  The  term  "SYNOVICS"  means  SYNOVICS  PHARMACEUTICALS,  INC.
acting:  (i) on its own  behalf;  and (ii) on  behalf  of  directors,  officers,
employees,  successors,  insurers, attorneys, lenders, creditors,  shareholders,
agents,   assigns,   parent   corporations,   sister   corporations,   affiliate
corporations,  subsidiaries  and all other  persons,  natural or  corporate,  in
privity with SYNOVICS.

            2.2. The term "COPANOS"  means JOHN S. COPANOS,  acting:  (i) on his
own  behalf;  and (ii) on behalf his heirs,  beneficiaries,  estate,  executors,
legatees, representatives, successors and assigns.

      3.  PAYMENTS.  SYNOVICS  shall pay  COPANOS  Two  Million  ($2,000,000.00)
Dollars,  on or  before  August 1, 2008 (the  "Maturity  Date"),  together  with
interest, at the rate of Fifteen (15%) Percent per annum, from and after January
15, 2008, as follows:

            3.1.  Interest  payment in the amount of Forty-Nine  Thousand  Three
Hundred  Fifteen and 07/100  ($49,315.07)  Dollars shall be payable on or before
March 15, 2008.

<PAGE>

            3.2.  Interest  payment in the amount of  Twenty-Five  Thousand Four
Hundred  Seventh-Nine  and 52/100  ($25,479.52)  Dollars  shall be payable on or
before April 15, 2008.

            3.3  Principal  payment in the amount of One  Million  Five  Hundred
Thousand ($1,500,000.00) Dollars, together with all accrued and unpaid interest,
at the rate of  fifteen  (15%)  percent  per  annum,  on or before  May 1, 2008.
Presuming timely  compliance with the foregoing  payment terms, the interest due
on May 1, 2008 will be Twelve  Thousand  Three Hundred  Twenty-Eight  and 80/100
($12,328.80) Dollars.

      After the May 1, 2008 payment,  and presuming  timely  compliance with the
foregoing  payment  terms,  the  principal  and  interest  then due and owing by
SYNOVICS to COPANOS will be Five Hundred Thousand  ($500,000.00)  Dollars,  plus
interest, which amounts shall be payable as follows:

            3.4  Interest  payment in the amount of Six Thousand  Three  Hundred
Sixty-Nine and 86/100 ($6,369.86) Dollars, on or before June 1, 2008.

            3.5  Interest  payment in the amount of Six Thousand  Three  Hundred
Sixty-Nine and 86/100 ($6,369.86) Dollars, on or before July 1, 2008.

            3.6 Principal in the amount of Five Hundred  Thousand  ($500,000.00)
Dollars,  together with all accrued and unpaid interest,  at the rate of Fifteen
(15%)  percent  per  annum,  on or  before  August  1,  2008.  Presuming  timely
compliance with the foregoing  payment terms, the interest due on August 1, 2008
will be Six Thousand One Hundred Seventy-Five and 80/100 ($6,175.80) Dollars

            3.7  Principal  amounts  outstanding  under this  Agreement  and the
Second  Amended  and  Restated  Promissory  Note,  dated as of May 20,  2006 may
otherwise be prepaid at any time at the option of SYNOVICS, in whole or in part,
without premium or penalty.

            3.8 Through the date SYNOVICS pays all of the principal and interest
outstanding  to COPANOS,  COPANOS shall have the right,  upon written  notice to
SYNOVICS,  to convert up to Five Hundred Thousand  ($500,000.00)  Dollars of the
principal  amount due him into SYNOVICS'  Series C Preferred  Stock, at the same
price as that Series C Preferred Stock is sold to other investors.

            3.9 There shall not be any grace period, whatsoever, with respect to
any payments due under this Agreement.  SYNOVICS specifically  acknowledges that
time is of the essence in this  Agreement.  The payments to be made by SYNOVICS,
pursuant to Sections  3.1 through 3.6 above,  shall be made by wire  transfer to
COPANOS,  pursuant to wiring instructions provided by COPANOS or his attorney to
SYNOVICS prior to the aforesaid payment dates.

                                       2
<PAGE>

      4.  JUDGMENT.  In the  event  SYNOVICS  fails to abide  by the  terms  and
conditions  of this  Agreement  and not remit any payment  timely when due, then
SYNOVICS  will be  considered  to be in  default  from the  time the  stipulated
payment became due.

            4.1 COPANOS shall then proceed with litigation by filing a Complaint
in the Circuit Court in Broward County,  Florida,  without further notice and/or
conditions  precedent.  Once a  Complaint  is filed by COPANOS  and  SYNOVICS is
served with the lawsuit, SYNOVICS waives any and all defenses to such action and
agrees to a Final Judgment,  without necessity of a further hearing, for the sum
of Two Million and 00/100  ($2,000,000.00)  Dollars, plus all accrued and unpaid
interest at the rate of Fifteen (15%) Percent per annum,  as of the date of such
judgment, which amount shall be stipulated in such judgment, less those payments
previously  made by  SYNOVICS to COPANOS,  pursuant to  paragraph 3 above,  plus
additional  interest,  at the rate of Eighteen (18%) percent per annum, from and
after the date of default, and for execution to issue forthwith.

            4.2  COPANOS and  SYNOVICS  expressly  waive both their  rights to a
trial by jury.

            4.3 Once full  payment is made by SYNOVICS  and received by COPANOS,
COPANOS will provide SYNOVICS with a Satisfaction of Payment and/or Release.  If
an action  was filed in Court,  COPANOS  will file a  Voluntary  Dismissal  With
Prejudice  with the  Court  where the  action  was filed  once full  payment  is
received.

      5. BANKRUPTCY.  SYNOVICS further acknowledges and agrees that in the event
of the filing of a voluntary or involuntary bankruptcy, whether under Chapter 7,
Chapter 11, or otherwise, under the Federal Bankruptcy Code, involving SYNOVICS,
prior to the date on which SYNOVICS has fully satisfied its payment obligations,
pursuant to paragraph 3 above, it shall  specifically  request of the bankruptcy
court,  that its debt to COPANOS,  in the amount of the remaining monies due and
owing by it, pursuant to paragraph 3 above,  not be discharged in bankruptcy and
that such debt to COPANOS shall survive such  bankruptcy  filing,  together with
the discharge of same.

      6.  SEVERABILITY.  In the event any provision of this Agreement is held to
be  unenforceable,  void,  or invalid for any reason,  the  unenforceability  or
invalidity thereof shall not affect the remainder of this Agreement, which shall
remain in full force and effect and enforceable in accordance with its terms.

      7. CONSTRUCTION AND INTERPRETATION.  When the context requires, the gender
of all words shall include the masculine,  feminine,  and neuter, and the number
of all words shall  include the singular and plural.  The  paragraphs  and other
headings  contained in this Agreement are for reference  purposes only and shall
not affect in any way the  meaning or  interpretation  of this  Agreement.  This
Agreement  shall be construed  without  regard to any  presumption or other rule
requiring construction against the party causing this Agreement to be drafted.

      8. WAIVER.  All waivers to be effective  shall be in writing and signed by
the waiving  party.  One or more  waivers of a breach of any  provision  of this
Agreement shall not be construed as a waiver of a subsequent  breach of the same
or any other  provision,

                                       3
<PAGE>

nor shall any delay or omission by a  non-defaulting  party to seek a remedy for
any breach of this  Agreement or otherwise to exercise the rights  accruing to a
non-defaulting  party  by  reason  of  such  breach  be  deemed  a  waiver  by a
non-defaulting party of its remedies and rights with respect to such breach.

      9. AMENDMENT AND  MODIFICATION.  No amendment or modification of the terms
of this Agreement  shall be binding unless reduced to writing and signed by each
of the parties hereof.

      10. ENTIRE AGREEMENT.  This Agreement contains the entire Agreement by and
between  the  parties  and  supersedes  any  and  all  previous  discussions  or
agreements,  written or oral, by and between the parties relating to the subject
matter of this Agreement.

      11.  JURISDICTION;   VENUE;   INCONVENIENT  FORUM.  Any  suit,  action  or
proceeding with respect to this Agreement,  or any judgment entered by any court
in respect to this Agreement  shall be brought  exclusively in the courts of the
State of Florida  located in Broward  County,  Florida to the  exclusion  of any
other Court and the parties accept the exclusive personal  jurisdiction of those
courts for the  purpose of any suit,  action or  proceeding.  In  addition,  the
parties  knowingly,  intentionally and irrevocably  waive, to the fullest extent
permitted by law, any  objection  which they may now or later have to the laying
of venue of any suit,  action or  proceeding  arising out of or relating to this
Agreement, or any judgment entered by any court brought in the State of Florida,
located in Broward County, and further, knowingly, intentionally and irrevocably
waive any claim  that any suit,  action or  proceeding  brought  in the State of
Florida located in Broward County has been brought in any inconvenient forum.

      12.  BENEFIT.  All of the terms and provisions of this Agreement  shall be
binding upon,  inure to the benefit of, and be enforceable by the parties hereto
and their respective administrators,  executives, legal representatives,  heirs,
successors and permitted assigns.

      13. COUNTERPARTS. This Agreement may be executed in multiple counterparts,
each of which shall be deemed to be an original and all of which  together shall
be deemed to be one and the same instrument.

                         [SIGNATURES ON FOLLOWING PAGE]

                                       4
<PAGE>

      14.  GOVERNING  LAW.  This  Agreement  has been executed and delivered and
shall be  construed  and  enforced in  accordance  with the laws of the State of
Florida, without regard to Florida's conflicts of laws principles.

      IN WITNESS  WHEREOF,  the parties have duly executed this  Agreement as of
the date first written above.

                                   COPANOS:

                                   ---------------------------------------------
                                   John S. Copanos

                                   SYNOVICS PHARMACEUTICALS, INC., a
                                   Nevada corporation:

                                   By:
                                       -----------------------------------------
                                       Ronald Howard Lane, PhD, Chairman and CEO

                          [NOTARIZATION PAGE FOLLOWS]

                                       5
<PAGE>

STATE OF  _____________ )
                        )
COUNTY OF  ____________ )

      The  foregoing  instrument  was  acknowledged  before  me  this  __ day of
November,  2007 by Ronald  Howard Lane, as Chairman of the Board of Director and
Chief Executive Officer of Synovics Pharmaceuticals,  Inc., a Nevada corporation
who is personally known to me or has produced ____________ as identification.

                              _____________________________________
                              Notary Public
                              State of _____________
My Commission Expires:

STATE OF FLORIDA  )
                  )
COUNTY OF BROWARD )

      The foregoing instrument was acknowledged before me this ___________day of
November, 2007 by John S. Copanos, who is personally known to me or has produced
________________________________as identification.

                              _____________________________________
                              Notary Public
                              State of Florida
My Commission Expires:

                                       6
<PAGE>

                                    EXHIBIT A

                    AGREEMENT , DATED AS OF NOVEMBER 9, 2007

                                 (COPY ATTACHED)

                                       7

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