Document:

Hartford Life Global Funding Trust 2006-001 Note

                                                                     EXHIBIT 4.2

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.

  REGISTERED NO.: # 1 CUSIP NO.: 41659FHA5 PRINCIPAL AMOUNT: U.S. $1,307,000.00

                   HARTFORD LIFE GLOBAL FUNDING TRUST 2006-001

                                  IncomeNotes(sm)
<TABLE>
<S>                                                                        <C>
     Issuance Date:  January 6, 2006                                       Floating Rate Note: [ ] Yes [X] No.  If yes,
     Issue Price:  100%                                                       Regular Floating Rate Notes [ ]
     Stated Maturity Date:  January 15, 2011                                  Floating Rate/ Fixed Rate Notes: [ ]
     Settlement Date:  January 6, 2006                                                  Fixed Interest Rate:
     Securities Exchange Listing:  [ ] Yes [X] No.  If yes, indicate                    Fixed Rate Commencement Date:
              name(s) of Securities Exchange(s):                              Interest Rate Basis(es):
              __________________________________.                               CD Rate [ ]
     Depositary:  The Depository Trust Company                                  CMT Rate [ ]
     Authorized Denominations:  $1,000 & integrals thereof                        Designated CMT Telerate Page:
     Collateral held in the Trust:  Hartford Life Insurance Company                 If Telerate Page 7052:
        Funding Agreement No. FA-406001, all proceeds of the Funding                   [ ] Weekly Average
        Agreement and all rights and books and records pertaining to the               [ ] Monthly Average
        foregoing.                                                                Designated CMT Maturity Index:
     Interest Rate or Formula:                                                  Commercial Paper Rate [ ]
     Fixed Rate Note: [X] Yes [ ] No.  If yes,                                  Federal Funds Rate [ ]
        Interest Rate:  5.00%                                                   LIBOR [ ]
        Interest Payment Dates: the 15th of each January and July                 [ ] LIBOR Reuters Page:
        Additional/Other Terms:  None.                                            [ ] LIBOR Moneyline Telerate Page:
     Discount Note: [ ] Yes [X] No.  If yes,                                      LIBOR Currency:
        Total Amount of Discount:
</TABLE>

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Hartford Life Global Funding Trust 2006-001 Note

<TABLE>
<S>                                                                        <C>
                                                                                  Prime Rate [ ]
        Initial Accrual Period of Discount:                                       Treasury Rate [ ]
        Interest Payment Dates:                                            Index Maturity:
        Additional/Other Terms:                                            Spread and/or Spread Multiplier:
     Redemption Provisions: [X] Yes  [ ] No.                               Initial Interest Rate, if any:
      If yes,                                                              Initial Interest Reset Date:
        Initial Redemption Date:  January 15, 2008                         Interest Reset Dates:
        Initial Redemption Percentage:  100%                               Interest Determination Date(s):
        Annual Redemption Percentage Reduction,                            Interest Payment Dates:
        if any:   N/A                                                      Maximum Interest Rate, if any:
        Additional/Other Terms: None.                                      Minimum Interest Rate, if any:
     Regular Record Date(s):  15 days prior to each Interest Payment       Day Count Convention: 30/360
                              Date.                                        Calculation Agent:  N/A
     Sinking Fund:  None.                                                  Additional/Other Terms:  None.
     Survivor's Option: [X] Yes [ ] No.
         If yes, the attached Survivor's Option Rider is
         incorporated into this Note.
</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.  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").  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 January 6, 2006 (the "Indenture"),  between
JPMorgan Chase Bank, 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.

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Hartford Life Global Funding Trust 2006-001 Note

         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 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.

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Hartford Life Global Funding Trust 2006-001 Note

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

                             THE HARTFORD LIFE GLOBAL FUNDING TRUST 2006-001

Dated: January 6, 2006       By: Wilmington Trust Company, not in its individual
                             capacity but solely as Delaware Trustee.

                             By: /s/ JEANNE M. OLLER
                                 ----------------------------------
                                Authorized Officer

                             CERTIFICATE OF AUTHENTICATION

         This is one of the Notes of the  Hartford  Life  Global  Funding  Trust
2006-001 referred to in the within-mentioned Indenture.

                                    JPMORGAN CHASE BANK, N.A.
                                    As Indenture Trustee

Dated: January 6, 2006             By: /s/ ALBERT P. MARI, JR.
                                       ----------------------------
                                       authorized officer

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Hartford Life Global Funding Trust 2006-001 Note

                                [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.  This Note is  denominated  in, and payments of principal,
premium, if any, and/or interest, if any, will be made in U.S. Dollars.

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.

           (ii) Unless  otherwise  specified  on the face  hereof,  the Interest
           Payment Dates for this Note will be as follows:

              INTEREST PAYMENT FREQUENCY       INTEREST PAYMENT DATES
              --------------------------       ----------------------

              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.

           (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":

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Hartford Life Global Funding Trust 2006-001 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) or such other
           rate, 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 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, 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) plus or minus the applicable  Spread,  if any; and/or (2)
           multiplied by the applicable Spread Multiplier, 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) plus or minus the
           applicable  Spread,  if any;  and/or (2) multiplied by the applicable
           Spread  Multiplier,  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.

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Hartford Life Global Funding Trust 2006-001 Note

           (vi) 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 of March,  June,
           September and December of each year; (5) semi-annually--the fifteenth
           day of the two months of each year specified on the face hereof;  and
           (6)  annually--the  fifteenth day of the month of each year specified
           on the face  hereof;  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.

           (vii) 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; 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.

           (viii)  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

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Hartford Life Global Funding Trust 2006-001 Note

           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.

           (ix)  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.

           (x) 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 March, June, September
           and  December of each year,  as  specified  on the face  hereof;  (2)
           quarterly--the  fifteenth day of March, June,  September and December
           of each year; (3) semi-annually--the  fifteenth day of the two months
           of each year  specified  on the face  hereof;  and (4)  annually--the
           fifteenth  day of the  month of each  year as  specified  on the face
           hereof.  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.

           (xi) 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 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).

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Hartford Life Global Funding Trust 2006-001 Note

           (xii) 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.

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

                (A) 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:

                     (1) 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

                     (2)  if  the  rate  referred  to in  clause  (1)  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

                     (3)  if  the  rate  referred  to in  clause  (2)  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 deposit
                     of major United  States  money market banks for  negotiable
                     United  States  certificates  of deposit  with a  remaining

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Hartford Life Global Funding Trust 2006-001 Note

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

                     (4) if the dealers so selected by the Calculation Agent are
                     not  quoting as  mentioned  in clause  (3),  the CD Rate in
                     effect on the particular Interest Determination Date.

                  "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.

                  (B) 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:

                     (1) 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

                             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

                                      2-6
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

                                    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  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

                                      2-7
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

                                    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; or

                     (2) 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  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

                                       2-8
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

                                    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  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.

                           If two  United  States  Treasury  securities  with an
                           original  maturity  greater  than the Index  Maturity
                           specified on the face hereof have remaining  terms

                                       2-9
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

                          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.

                   (C) 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:

                          (1) 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

                          (2) if the rate  referred  to in clause  (1) 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

                          (3) if the rate  referred  to in clause  (2) 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

                          (4) if the  dealers  so  selected  by the  Calculation
                          Agent are not quoting as  mentioned in clause (3), the
                          Commercial  Paper  Rate in  effect  on the  particular
                          Interest Determination Date.

                   "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.

                                      2-10
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

                   (D) 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:

                          (1) 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

                          (2) if the rate  referred to in clause (1) 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

                          (3) if the rate  referred  to in clause  (2) 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

                          (4) if the  brokers  so  selected  by the  Calculation
                          Agent are not quoting as  mentioned in clause (3), the
                          Federal  Funds  Rate  in  effect  on  the   particular
                          Interest Determination Date.

                   (E) 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:

                          (1) 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

                                      2-11
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

                          (2) 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

                          (3) 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 (1) or (2),  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

                          (4) if fewer than two offered  quotations  referred to
                          in clause  (3) 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 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

                          (5) if the banks so selected by the Calculation  Agent
                          are not quoting as mentioned  in clause (4),  LIBOR in
                          effect on the particular Interest Determination Date.

                   "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"

                                      2-12
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

                   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.

                   (F) 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:

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

                          (2) if the rate  referred  to in clause  (1) 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

                          (3) if the rate  referred  to in clause  (2) 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 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

                          (4) if fewer than four rates referred to in clause (3)
                          are so published by 3:00 p.m.,  New York City time, on
                          the related  Calculation  Date, the rate calculated by
                          the  Calculation  Agent  as  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

                          (5) if the banks so selected by the Calculation  Agent
                          are not quoting as  mentioned in clause (4), the Prime
                          Rate   in   effect   on   the   particular    Interest
                          Determination Date.

                   "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.

                                      2-13
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Hartford Life Global Funding Trust 2006-001 Note

                   (G) 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:

                          (1) 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

                          (2) if the rate  referred  to in clause  (1) 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

                          (3) if the rate  referred  to in clause  (2) is not so
                          published  by 3:00 P.M.,  New York City  time,  on the
                          related Calculation Date, the Bond Equivalent Yield of
                          the auction rate of the  applicable  Treasury Bills as
                          announced  by  the  United  States  Department  of the
                          Treasury; or

                          (4) if the rate  referred  to in clause  (3) 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

                          (5) if the rate  referred  to in clause  (4) 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

                          (6) if the rate  referred  to in clause  (5) 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

                                      2-14
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Hartford Life Global Funding Trust 2006-001 Note

                          Bills with a remaining  maturity  closest to the Index
                          Maturity specified on the face hereof; or

                          (7) if the  dealers  so  selected  by the  Calculation
                          Agent are not quoting as  mentioned in clause (6), the
                          Treasury  Rate in  effect on the  particular  Interest
                          Determination Date.

                          "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":

            (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.

                                      2-15
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Hartford Life Global Funding Trust 2006-001 Note

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 of $1,000 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.  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.  Unless  specified on the face hereof,  this Note will
not be subject to, or entitled to the benefit of, any sinking fund.

SECTION  6.  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 7. 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

                                      2-16
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

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 8. 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 9.  WITHHOLDING;  NO ADDITIONAL  AMOUNTS;  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. 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 (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 10. LISTING.  Unless otherwise  specified on the face hereof,  this Note
will not be listed on any securities exchange.

SECTION  11.  COLLATERAL.  The  Collateral  for this Note  includes  the Funding
Agreement specified on the face hereof.

                                      2-17
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

SECTION 12. 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 13. 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.

         (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 not 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.

                                      2-18
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

SECTION 14.  GOVERNING  LAW.  THIS NOTE SHALL BE GOVERNED  BY, AND  CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                      2-19
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

                             SURVIVOR'S OPTION RIDER

         (a) Unless this Note,  on its face,  has been  declared due and payable
prior  to the  Maturity  Date by  reason  of any  Event  of  Default  under  the
Indenture,  or has been previously  redeemed or otherwise repaid, the authorized
Representative  (as defined  below) of a deceased  Beneficial  Owner (as defined
below) of this Note  shall have the  option to elect  repayment  by the Trust in
whole  or in  part  prior  to the  Maturity  Date  following  the  death  of the
Beneficial  Owner (a  "Survivor's  Option").  The  Survivor's  Option may not be
exercised  unless  this  Note  was  held by the  Beneficial  Owner  for a period
beginning at least 12 full months immediately prior to the date of such deceased
Beneficial  Owner's death.  "Beneficial Owner" as used in this Survivor's Option
Rider  means,  with  respect  to this  Note,  the  person  who  has  the  right,
immediately  prior to such  person's  death,  to receive the  proceeds  from the
disposition of this Note, as well as the right to receive payments on this Note.

         (b) Upon (1) the valid exercise of the Survivor's Option and the proper
tender of this Note by or on behalf  of a person  that has  authority  to act on
behalf  of the  deceased  Beneficial  Owner of this  Note  under the laws of the
appropriate   jurisdiction   (including,   without   limitation,   the  personal
representative  or executor of the deceased  Beneficial  Owner or the  surviving
joint owner of the deceased Beneficial Owner) (the "Representative") and (2) the
tender and  acceptance  of that  portion of the Funding  Agreement  equal to the
amount of the portion of this Note to be repaid, the Trust shall repay this Note
(or portion  thereof) at a price equal to 100% of the unpaid Principal Amount of
the deceased  Beneficial Owner's  beneficial  interest in this Note plus accrued
and unpaid interest to, but excluding, the date of such repayment.  However, the
Trust shall not be obligated to repay:

             (i) beneficial  ownership  interests in Notes exceeding the greater
             of  $1,000,000  or  1%  in  aggregate   principal  amount  for  all
             Outstanding  notes issued under the  Hartford  Life Global  Funding
             IncomeNotes(sm)  program to which the Survivor Option applies as of
             the  end  of  the  most  recent  calendar  year  (the  "Annual  Put
             Limitation")  or such greater  amounts as  determined in accordance
             with the Funding  Agreement(s)  securing the Notes of the Trust and
             set forth in the Pricing Supplement;

             (ii) on behalf  of a  deceased  Beneficial  Owner,  any  beneficial
             ownership interest in Hartford Life Global Funding  IncomeNotes(sm)
             that  exceeds  $250,000  in  aggregate  in any  calendar  year (the
             "Individual Put Limitation"),  or such greater amount as determined
             in accordance with such Funding  Agreement(s)  and set forth in the
             Pricing Supplement; or

             (iii)  beneficial   ownership  interests  in  Notes  of  the  Trust
             exceeding  the  Trust  Put  Limitation,  if any,  specified  in the
             Pricing Supplement (the "Trust Put Limitation").

         (c) The Trust shall not make principal  repayments pursuant to exercise
of the Survivor's Option in amounts that are less than $1,000, and, in the event
that the  limitations  described in the preceding  sentence  would result in the
partial repayment of this Note, the Principal Amount remaining Outstanding after
repayment must be at least $1,000 (the minimum  authorized  denomination  of the
Notes).

                                      2-20
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

         (d) An otherwise  valid election to exercise the Survivor's  Option may
not be withdrawn.

         (e) Election to exercise the Survivor's  Option will be accepted in the
order that elections are received by the Indenture Trustee, except for any Notes
(or portion thereof) the acceptance of which would contravene (1) the Annual Put
Limitation,  (2) the Individual Put Limitation or (3) the Trust Put  Limitation.
Any Note (or portion thereof) accepted for repayment pursuant to exercise of the
Survivor's Option shall be repaid on the first Interest Payment Date that occurs
20 or more calendar days after the date of such  acceptance.  Any exercise(s) of
the Survivor's  Option with respect to Notes (or portions  thereof) not accepted
during any calendar year,  because such  acceptance  would have  contravened the
Annual  Put  Limitation,   the  Individual  Put  Limitation  or  the  Trust  Put
Limitation,  shall be deemed to be  tendered  on the first day of the  following
calendar year in the order all such Notes (or portions  thereof) were originally
tendered.  In the event  that this Note (or any  portion  hereof)  tendered  for
repayment pursuant to valid exercise of the Survivor's Option is not accepted or
if repayment is to be delayed,  the Indenture  Trustee shall deliver a notice by
first-class  mail to the presenting  direct  participant  that states the reason
such  Note  (or  portion  thereof)  has not been  accepted  for  payment  or why
repayment is to be delayed.

         (f) In order to obtain  repayment  through  exercise of the  Survivor's
Option with respect to this Note (or portion hereof),  the  Representative  must
provide the  following  items to the broker or other  entity  through  which the
beneficial interest in this Note is held by the deceased Beneficial Owner: (1) a
written  instruction  to such broker or other entity to notify the Depositary of
the  Representative's  desire to obtain  repayment  through the  exercise of the
Survivor's  Option;  (2)  appropriate  evidence  satisfactory  to the  Indenture
Trustee that (i) the deceased was the Beneficial  Owner of this Note at the time
of death and the  interest  in this Note was  owned by the  deceased  Beneficial
Owner for a period  beginning at least twelve (12) months  immediately  prior to
the date of such deceased Beneficial Owner's death, which evidence may be in the
form of a letter  from the  Representative,  (ii) the  death of such  Beneficial
Owner has occurred, and the date of such death, and (iii) the Representative has
authority to act on behalf of the deceased Beneficial Owner; (3) if the interest
in  this  Note  is  held  by a  nominee  of the  deceased  Beneficial  Owner,  a
certificate or letter  satisfactory  to the Indenture  Trustee from such nominee
attesting to the  deceased's  beneficial  ownership of this Note;  (4) a written
request  for  repayment  signed  by  the  Representative,   with  the  signature
guaranteed by a member firm of a registered  national  securities exchange or of
the National  Association of Securities  Dealers,  Inc. or a commercial  bank or
trust company having an office or  correspondent  in the United  States;  (5) if
applicable,  a properly executed assignment or endorsement;  (6) tax waivers and
such other  instruments  or  documents  that the  Indenture  Trustee  reasonably
requires in order to establish the validity of the beneficial  ownership of this
Note  and  the  claimant's  entitlement  to  payment;  and  (7)  any  additional
information the Indenture Trustee reasonably  requires to evidence  satisfaction
of any  conditions  to the  exercise  of such  Survivor's  Option or to document
beneficial  ownership  or  authority  to make  the  election  and to  cause  the
repayment  of this Note.  Such broker or other entity shall then deliver each of
these items to the direct participant of the Depositary, such direct participant
being the entity  that holds the  beneficial  interest in this Note on behalf of
the deceased  Beneficial  Owner,  together  with  evidence  satisfactory  to the
Indenture Trustee from the broker or other entity stating that it represents the
deceased  Beneficial  Owner.  Such  direct  participant  shall  then  execute an
election form in the form  attached  hereto as Annex A and deliver the originals
of such items to the Indenture Trustee and retain  photocopies  thereof.  If the

                                      2-21
<PAGE>

Hartford Life Global Funding Trust 2006-001 Note

Indenture  Trustee  determines that it has received the requisite  documentation
and  information  and all  other  conditions  described  in this Note and in the
applicable  prospectus  supplement and pricing  supplement  are  satisfied,  the
Indenture  Trustee  shall make  payment of the  applicable  amount to the direct
participant through the Depositary. Such direct participant shall be responsible
for disbursing any payments it receives from the Depositary pursuant to exercise
of the Survivor's Option to the appropriate Representative. All questions, other
than with respect to the right to limit the aggregate  Principal Amount of Notes
as to which  exercises  of the  Survivor's  Option  shall be accepted in any one
calendar  year,  regarding  the  eligibility  or validity of any exercise of the
Survivor's  Option will be  determined  by the  Indenture  Trustee,  in its sole
discretion,  which  determination  shall be final and  binding  on all  parties,
provided  however,  that any such  determination  is subject to the right of the
issuer of the relevant Funding Agreement to require reasonable evidence that the
exercise of the  Survivor's  Option  satisfied  all of the terms and  conditions
described in this Note or the prospectus,  prospectus  supplement and/or pricing
supplement  applicable to this Note and any  restriction in the schedule to such
Funding Agreement.  The Indenture Trustee shall have no liability to any Person,
including without  limitation,  the Trust, the issuer of the Funding  Agreement,
any  Holder,  any  Beneficial  Owner or any  Representative,  arising out of any
determination made by it relating to the eligibility or validity of any exercise
of the Survivor's  Option,  unless  occasioned by the Indenture  Trustee's gross
negligence or willful misconduct.

         (g) The death of a person holding a beneficial interest in this Note as
a joint tenant or tenant by the entirety with another person,  or as a tenant in
common  with the  deceased  owner's  spouse,  will be  deemed  the  death of the
Beneficial  Owner of this Note, and the entire  Principal Amount of this Note so
held shall be subject to repayment by the Trust upon request in accordance  with
the terms  and  provisions  hereof.  However,  the  death of a person  holding a
beneficial  interest in this Note as tenant in common  with a person  other than
such deceased owner's spouse will be deemed the death of a Beneficial Owner only
with respect to such deceased person's ownership interest in this Note.

         (h) The death of a person  who was a  lifetime  beneficiary  of a trust
holding a  beneficial  interest in this Note will be treated as the death of the
Beneficial  Owner of this Note to the extent of that  person's  interest  in the
trust. The death of a person who was a tenant by the entirety or joint tenant in
a tenancy which is the  beneficiary of a trust holding a beneficial  interest in
this Note will be treated as the death of the Beneficial Owner of this Note. The
death of an  individual  who was a tenant in  common  in a tenancy  which is the
beneficiary  of a trust  holding  a  beneficial  interest  in this  Note will be
treated as the death of the  Beneficial  Owner of this Note only with respect to
the deceased  person's  beneficial  interest in this Note,  unless a husband and
wife are the  tenants  in  common,  in which  case the death of  either  will be
treated as the death of the owner of this Note.

         (i) The death of a person who, during his or her lifetime, was entitled
to substantially all of the beneficial  ownership interests in this Note will be
deemed  the  death of the  Beneficial  Owner of this  Note for  purposes  of the
Survivor's  Option,   regardless  of  whether  that  Beneficial  Owner  was  the
registered holder of this Note, if such beneficial ownership interest can be

                                      2-22
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Hartford Life Global Funding Trust 2006-001 Note

established to the satisfaction of the Indenture Trustee. A beneficial ownership
interest will be deemed to exist in typical cases of nominee ownership,  such as
ownership under the Uniform Transfers of Gifts to Minors Act, community property
or other joint  ownership  arrangements  between a husband and wife and lifetime
custodial and trust arrangements.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                      2-23
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Hartford Life Global Funding Trust 2006-001 Note

                                                                         ANNEX A

                             REPAYMENT ELECTION FORM

                         HARTFORD LIFE INSURANCE COMPANY

                       HARTFORD LIFE INCOMENOTES(SM) PROGRAM

                              CUSIP NUMBER ________

         To:  [Name of Trust] (the "TRUST")

         The undersigned  financial  institution  (the "FINANCIAL  INSTITUTION")
represents the following:

         o   The Financial Institution has received a request for repayment from
             the executor or other  authorized  representative  (the "AUTHORIZED
             REPRESENTATIVE  ") of the  deceased  beneficial  owner listed below
             (the   "DECEASED   BENEFICIAL   OWNER  ")  of  the  Hartford   Life
             IncomeNotes(sm) program note (CUSIP No. __________) (the "NOTES ").

         o   At the time of his or her  death,  the  Deceased  Beneficial  Owner
             owned Notes in the principal amount listed below.

         o   The Deceased  Beneficial  Owner  acquired the Notes at least twelve
             (12) months before the date on which the Deceased  Beneficial Owner
             died.

         o   The Financial Institution currently holds such notes as a direct or
             indirect   participant  in  The   Depository   Trust  Company  (the
             "DEPOSITARY").

The Financial Institution agrees to the following terms:

         o   The  Financial  Institution  shall  follow  the  instructions  (the
             "INSTRUCTIONS")  accompanying  this  Repayment  Election Form (this
             "FORM").

         o   The Financial  Institution  shall  deliver to JPMorgan  Chase Bank,
             N.A.  (the  "INDENTURE  TRUSTEE")  the  originals  of  all  records
             specified in the Instructions  supporting the above representations
             and all other related  documents  received from the relevant broker
             or other entity,  and shall retain photocopies  thereof,  and shall
             make such  photocopies  available to Wilmington  Trust Company (the
             "TRUSTEE "), AMACAR Pacific Corp. (the "ADMINISTRATOR") or [Name of
             Trust]  (the  "TRUST  ") for  inspection  and  review  within  five
             business days of the Trustee's,  the Administrator's or the Trust's
             request.

         o   If the Financial  Institution,  the Indenture Trustee, the Trustee,
             the  Administrator  or the Trust,  in any such  party's  reasonable
             discretion,  deems any of the records specified in the Instructions
             supporting the above representations or any such

                                      2-24
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Hartford Life Global Funding Trust 2006-001 Note

             other related documents  unsatisfactory to substantiate a claim for
             repayment,  the  Financial  Institution  shall not be  obligated to
             submit this Form,  and the  Trustee,  the  Indenture  Trustee,  the
             Administrator  or  Trust  may  deny  repayment.  If  the  Financial
             Institution  cannot  substantiate a claim for  repayment,  it shall
             notify the Indenture Trustee immediately.

         o   Survivor's Option Elections may not be withdrawn.

         o   The Financial Institution agrees to indemnify and hold harmless the
             Trustee,  the Indenture  Trustee,  the  Administrator and the Trust
             against and from any and all claims,  liabilities,  costs,  losses,
             expenses,   suits  and  damages   resulting   from  the   Financial
             Institution's  above  representations  and request for repayment on
             behalf of the Authorized Representative.

         o   The Notes  will be repaid on the  first  Interest  Payment  Date to
             occur at least 20 calendar days after the date of acceptance of the
             Notes for  repayment,  unless  such date is not a business  day, in
             which  case the  date of  repayment  shall  be the next  succeeding
             business day.

         o   Subject  to the  Trust's  rights to limit the  aggregate  principal
             amount  of Notes as to which  exercises  of the  Survivor's  Option
             shall be accepted in any one calendar year, all questions as to the
             eligibility  or validity of any exercise of the  Survivor's  Option
             will  be  determined  by  the  Indenture   Trustee,   in  its  sole
             discretion,  which  determination shall be final and binding on all
             parties.

                                      2-25
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Hartford Life Global Funding Trust 2006-001 Note

                                                  REPAYMENT ELECTION FORM
<TABLE>
<S>     <C>
        (1)
        -------------------------------------------------------------------------------------------------------------
                                             Name of Deceased Beneficial Owner

        (2)
        -------------------------------------------------------------------------------------------------------------
                                                       Date of Death

        (3)
        -------------------------------------------------------------------------------------------------------------
                                   Name of Authorized Representative Requesting Repayment

        (4)
        -------------------------------------------------------------------------------------------------------------
                                     Name of Financial Institution Requesting Repayment

        (5)
        -------------------------------------------------------------------------------------------------------------
                    Signature of Authorized Representative of Financial Institution Requesting Repayment

        (6)
        -------------------------------------------------------------------------------------------------------------
                                          Principal Amount of Requested Repayment

        (7)
        -------------------------------------------------------------------------------------------------------------
                                                      Date of Election

        (8)        Financial Institution                      (9)      Wire instructions for payment:
                   Representative Name:                                Bank Name:
                   Phone Number:                                       ABA Number:
                   Fax Number:                                         Account Name:
                   Mailing Address (no P.O. Boxes):                    Account Number:
                                                                       Reference (optional):

        ---------- ------------------------------------------ -------- ----------------------------------------------
</TABLE>
TO BE COMPLETED BY THE INDENTURE TRUSTEE:

(A) DELIVERY AND PAYMENT DATE:

(B) PRINCIPAL AMOUNT:

(C) ACCRUED INTEREST:

(D) DATE OF RECEIPT OF FORM BY THE INDENTURE TRUSTEE:

(E) DATE OF ACKNOWLEDGMENT BY THE INDENTURE TRUSTEE*:

*An acknowledgement, in the form of a copy of this document, will be returned to
the party and location designated in item (8) above.

                                      2-26
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Hartford Life Global Funding Trust 2006-001 Note

       INSTRUCTIONS FOR COMPLETING REPAYMENT ELECTION FORM AND EXERCISING

                                REPAYMENT OPTION

         Capitalized terms used and not defined herein have the meanings defined
in the accompanying Repayment Election Form.

1.    Collect and retain for a period of at least three years photocopies of the
      following:  (1)  satisfactory  evidence of the authority of the Authorized
      Representative,  (2)  satisfactory  evidence  of  death  of  the  Deceased
      Beneficial Owner, (3) satisfactory  evidence that the Deceased  Beneficial
      Owner beneficially owned, at the time of his or her death, the notes being
      submitted  for  repayment,  which  evidence may be in the form of a letter
      from the  Representative,  (4) satisfactory  evidence that the notes being
      submitted for repayment were acquired by the Deceased  Beneficial Owner at
      least  twelve  (12)  months  before the death of the  Deceased  Beneficial
      Owner,   which  evidence  may  be  in  the  form  of  a  letter  from  the
      Representative,  and  (5) any  necessary  tax  waivers.  For  purposes  of
      determining  whether  the notes  will be deemed  beneficially  owned by an
      individual at any given time, the following rules shall apply:

      o     If a note (or a portion thereof) is beneficially owned by tenants by
         the entirety or joint tenants,  the note (or relevant  portion thereof)
         will be regarded as beneficially owned by a single owner.  Accordingly,
         the death of a tenant by the  entirety  or joint  tenant will be deemed
         the death of the beneficial  owner and the entire  principal  amount so
         owned will become eligible for repayment.

      o     The  death  of a  person  beneficially  owning  a note (or a portion
         thereof)  by  tenancy  in  common  will  be  deemed  the  death  of the
         beneficial  owner only with respect to the deceased owner's interest in
         the note (or relevant portion  thereof) so owned,  unless a husband and
         wife are the tenants in common,  in which case the death of either will
         be deemed the death of the  beneficial  owner and the entire  principal
         amount so owned will be eligible for repayment.

      o     A note (or a portion thereof) beneficially  owned by a trust will be
         regarded as beneficially  owned by each beneficiary of the trust to the
         extent of that beneficiary's  interest in the trust (however, a trust's
         beneficiaries  collectively  cannot be beneficial  owners of more notes
         than are owned by the  trust).  The death of a  beneficiary  of a trust
         will be  deemed  the  death of the  beneficial  owner of the  notes (or
         relevant portion thereof) beneficially owned by the trust to the extent
         of that beneficiary's interest in the trust. The death of an individual
         who was a tenant by the entirety or joint tenant in a tenancy  which is
         the  beneficiary of a trust will be deemed the death of the beneficiary
         of the trust.  The death of an individual who was a tenant in common in
         a tenancy which is the  beneficiary of a trust will be deemed the death
         of the  beneficiary  of the trust  only with  respect  to the  deceased
         holder's beneficial interest in the note, unless a husband and wife are
         the tenants in common, in which case the death of either will be deemed
         the death of the beneficiary of the trust.

      o     The death of a person who, during his or her lifetime,  was entitled
         to substantially all of the beneficial interest in a note (or a portion
         thereof) will be deemed the death of the beneficial  owner of that note
         (or  relevant  portion  thereof),  regardless  of the  registration  of
         ownership,  if  such  beneficial  interest  can be  established  to the
         satisfaction of the Indenture  Trustee.  Such beneficial  interest will
         exist in many  cases of street  name or  nominee  ownership,  custodial
         arrangements,  ownership  by a  trustee,  ownership  under the  Uniform
         Transfers of Gifts to Minors Act and community  property or other joint
         ownership  arrangements  between spouses.  Beneficial  interest will be
         evidenced by such factors as the power to sell or otherwise  dispose of
         a note,  the right to receive the proceeds of sale or  disposition  and
         the right to receive interest and principal payments on a note.

2.    Indicate the name of the Deceased Beneficial Owner on line (1).

3.    Indicate the date of death of the Deceased Beneficial Owner on line (2).

4.    Indicate the name of the Authorized Representative requesting repayment on
      line (3).

                                      2-27
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Hartford Life Global Funding Trust 2006-001 Note

5.    Indicate the name of the  Financial  Institution  requesting  repayment on
      line (4).

6.    Affix   the   authorized   signature   of  the   Financial   Institution's
      representative  on line (5). THE  SIGNATURE  MUST BE  MEDALLION  SIGNATURE
      GUARANTEED.

7.    Indicate the principal amount of notes to be repaid on line (6).

8.    Indicate the date this Form was completed on line (7).

9.    Indicate the name,  mailing  address (no P.O.  boxes,  please),  telephone
      number  and  facsimile-transmission  number  of  the  party  to  whom  the
      acknowledgment of this election may be sent in item (8).

10.   Indicate the wire instruction for payment on line (9).

11.   Leave lines (A), (B), (C), (D) and (E) blank.

12.   Mail or otherwise deliver an original copy of the completed Form to:

                            JPMorgan Chase Bank, N.A.
                            Mortgage Custody Services
                     Attn: Shamika T. Smith/Yvonne Gholdston
                         1111 Fannin Street, 12th Floor
                              Houston, Texas 77002

13.   FACSIMILE  TRANSMISSIONS  OF  THE  REPAYMENT  ELECTION  FORM  WILL  NOT BE
      ACCEPTED.

14.   If the  acknowledgement of the Indenture Trustee's receipt of this Form is
      not  received  within  ten days of the date  such  information  is sent to
      JPMorgan  Chase Bank,  N.A.,  contact  JPMorgan  Chase  Bank,  N.A. at the
      address set forth in item 12, telephone number: (713) 427-6481.

15.   For assistance with this Form or any questions  relating  thereto,  please
      contact:  JPMorgan Chase Bank,  N.A., at the address set forth in item 12,
      telephone number: (713) 427-6481, facsimile number: (713) 427-6488.

                                      2-28COPY
                                                                     EXHIBIT 4.3

                         HARTFORD LIFE INSURANCE COMPANY
                           (A STOCK INSURANCE COMPANY)
                200 HOPMEADOW STREET, SIMSBURY, CONNECTICUT 06089

                                FUNDING AGREEMENT

CONTRACTHOLDER:  HARTFORD LIFE GLOBAL FUNDING TRUST 2006-001 BY WILMINGTON TRUST
                 COMPANY, NOT IN ITS INDIVIDUAL CAPACITY BUT SOLELY AS TRUSTEE,
                 FOR THE BENEFIT OF HARTFORD LIFE GLOBAL FUNDING TRUST 2006-001

CONTRACT NUMBER: FA-406001

EFFECTIVE DATE:  JANUARY 6, 2006           ISSUE STATE:    DELAWARE

HARTFORD LIFE INSURANCE COMPANY AND THE CONTRACTHOLDER HEREBY AGREE TO THE TERMS
IN THIS  FUNDING  AGREEMENT  (THE  "CONTRACT").  THIS  CONTRACT,  INCLUDING  THE
SCHEDULE ATTACHED,  AND ANY AMENDMENTS  THERETO,  CONSTITUTE THE ENTIRE CONTRACT
BETWEEN HARTFORD LIFE INSURANCE COMPANY AND THE CONTRACTHOLDER. THIS CONTRACT IS
DELIVERED IN THE ISSUE STATE AND IS GOVERNED BY THE LAWS OF THAT STATE.

WHEN "WE",  "US" OR "OUR" IS USED IN THIS  CONTRACT,  IT MEANS THE HARTFORD LIFE
INSURANCE COMPANY.  WHEN "YOU" OR "YOUR" IS USED IN THIS CONTRACT,  IT MEANS THE
CONTRACTHOLDER  NAMED ABOVE AND INCLUDES ANY PERSON WITH AUTHORITY TO ACT ON THE
CONTRACTHOLDER'S BEHALF, WITH RESPECT TO THIS CONTRACT.

IN WITNESS WHEREOF, HARTFORD LIFE INSURANCE COMPANY AND THE CONTRACTHOLDER HAVE
AGREED TO THIS CONTRACT AS OF THE EFFECTIVE DATE AND CAUSED THE SAME TO BE IN
FULL FORCE AND EFFECT.

   /s/ Richard G. Costello                               /s/ Thomas M. Marra

RICHARD G. COSTELLO, SECRETARY                        THOMAS M. MARRA, PRESIDENT

                                FUNDING AGREEMENT
                                NON-PARTICIPATING
                                 GENERAL ACCOUNT
                                 GUARANTEED RATE

                                                       THE [GRAPHIC OMITTED]
                                                       HARTFORD

HL-17401-R

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                                TABLE OF CONTENTS

                                                                   PAGE NUMBER

PART 1 - DEFINITIONS ..................................................1

PART 2 - ACCUMULATION FUND OPERATION ..................................2

PART 3 - PAYMENTS FROM ACCUMULATION FUND...............................2

PART 4 - TERMINATION OF CONTRACT ......................................3

PART 5 - GENERAL PROVISIONS ...........................................4

HL-17401-R

<PAGE>

                                      COPY

                              PART 1 - DEFINITIONS

1.01 CONTRACT DEFINITIONS. The following terms have the meanings indicated:

"ACCUMULATION  FUND" is the accounting  record we establish under this Contract,
as described in ss.2.01, for the Contract Payment set forth in the Schedule.

"BUSINESS  DAY" is any day,  other than  Saturday  or Sunday,  that is neither a
legal holiday nor a day on which  commercial banks are authorized or required by
law,  regulation  or  executive  order to close in the City of New York and,  if
funds are payable in a currency other than U.S.  Dollars,  the city specified in
the Schedule.

"CALL DATE" is the day or days prior to the Maturity Date, if any,  specified in
the  Schedule  hereto,  on which we may  elect to pay you all or any part of the
Fund  Balance.  If no Call Date is indicated in a Schedule,  we will pay you the
Fund Balance prior to the Maturity Date only to the extent provided in ss.4.02.

"CONTRACT  PAYMENT"  is the  amount we credit  to the  Accumulation  Fund on the
Deposit Date as set forth in the Schedule.

"DEPOSIT DATE" is the date,  specified in the Schedule,  on which we receive the
amount necessary to support the Contract Payment.

"EVENT OF DEFAULT" has the meaning described in ss.4.03.

"FUND BALANCE" is the value of the  Accumulation  Fund,  determined  pursuant to
ss.2.03.

"GUARANTEED  RATE" is the interest  rate applied to the  Accumulation  Fund,  as
stated in the Schedule.

"INDENTURE" is the indenture  agreement,  dated January 6, 2006 made between the
Contractholder,  the Indenture  Trustee and certain other parties named therein,
as such agreement may be amended, supplemented or replaced from time to time.

"INDENTURE  TRUSTEE"  is  JPMorgan  Chase  Bank,  N.A.,  as  trustee  under  the
Indenture, or its successor.

"MATURITY DATE" is the date, as set forth in the Schedule, when the Fund Balance
is payable in full to you. Unless  otherwise  indicated in the Schedule,  if the
stated  date is not a Business  Day,  the  Maturity  Date is the next  following
Business  Day.  Interest  accrues  during  such delay only if  specified  in the
Schedule.

"PROGRAM"  is the  Hartford  Life Global  Funding  program,  as described in the
prospectus dated April 15, 2005, including any applicable  prospectus supplement
or pricing supplement or in any amendment thereto.

"SCHEDULE"  is  the  Accumulation   Fund  Supplement   attached  hereto,   which
establishes the terms for the Accumulation Fund.

"TAX EVENT" has the meaning described in ss.4.04.

"TERMINATION DATE" is the earlier of the date of an automatic  termination under
ss.4.01 or the  effective  date of an early  termination  you or we elect  under
ss.4.02.

HL-17401-R                             1
<PAGE>

                                      COPY

1.02 OTHER DEFINITIONS.  Other capitalized terms appearing in this Contract have
the meanings indicated on this Contract's face page or in the Schedule.

                      PART 2 - ACCUMULATION FUND OPERATION

2.01  ESTABLISHING  THE ACCUMULATION  FUND. The  Accumulation  Fund is a general
account record we establish to reflect the Fund Balance. The Contract Payment is
allocated  to our  general  account for  investment.  We have no  obligation  to
segregate such amounts.  The Fund Balance will not be affected by the investment
results of the assets held in our general account.

2.02 CONTRACT PAYMENTS. You agree to pay to us, in U.S. Dollars,  unless another
currency  is  specified  in the  Schedule,  and by  wire  transfer,  the  amount
necessary to support the Contract Payment on the Deposit Date.

2.03 VALUE OF THE  ACCUMULATION  FUND.  The Fund Balance on any given day equals
the Contract  Payment,  plus interest  credited  thereon at the Guaranteed Rate,
less  any  payments  made  under  Part 3.  Interest  is  credited  based  on the
methodology specified in the Schedule. Interest is earned at the Guaranteed Rate
from the Deposit  Date to but  excluding  the Maturity  Date or earlier  payment
date.

2.04  INTEREST  ON  THE   ACCUMULATION   FUNDS.  The  Guaranteed  Rate  for  the
Accumulation Fund is effective until the Maturity Date, provided, if an Event of
Default occurs,  interest  continues to be credited at the Guaranteed Rate until
actual  payment of all  amounts  due.  The  interest  crediting  methodology  is
specified in the Schedule.

                    PART 3 - PAYMENTS FROM ACCUMULATION FUND

3.01 PERIODIC  PAYMENTS.  We shall  periodically pay you interest in the amounts
specified  in  the  Schedule  as  Periodic  Payments,  on the  dates  specified,
including the Maturity Payout.  Such payment amounts are adjusted to reflect any
other payment  payable under this part. The interest  factor used in making such
adjustments is the Guaranteed Rate.

3.02 OPTIONAL REDEMPTION PAYMENTS. If so indicated in the Schedule, we shall pay
you amounts you need to redeem or repay any notes or other instruments issued by
you and backed by this  Contract,  pursuant to any limited  right of  redemption
contained in such note or instrument.  We may require  reasonable  evidence that
the  redemption or payment  request  satisfied  all of the terms and  conditions
described in the prospectus,  prospectus  supplement  and/or pricing  supplement
applicable to such note or other instrument. Additional restrictions, if any, on
your reimbursement rights under this section may be included in the Schedule.

3.03 EARLY  PRE-PAYMENT BY US. If so indicated in the Schedule,  we may elect to
pay you all or any part of the Fund  Balance on the Call Dates  specified in the
Schedule.  Unless otherwise provided in the Schedule,  we will give you at least
45 and no more than 75 days  notice of our intent to make such  pre-payment.  No
adjustment will be made in the amount of such payment, unless such adjustment is
specifically provided for in the Schedule.

3.04  MATURITY PAYMENTS. We shall pay you the Fund Balance on the Maturity Date.

HL-17401-R                             2
<PAGE>

                                      COPY

3.05 FORM OF  PAYMENT.  All  payments  we make to you are made in U.S.  Dollars,
unless another currency is specified in the Schedule,  by wire transfer,  unless
otherwise  agreed in writing by the parties hereto.  Unless  otherwise stated in
the  Schedule,  all payments we make are net 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 having the power to tax. Such net
payments  fully  satisfy our  obligation  to you with respect to the full amount
due.

                        PART 4 - TERMINATION OF AGREEMENT

4.01  AUTOMATIC  TERMINATION.  This  Contract  terminates  with  respect  to the
Accumulation  Fund when the Fund  Balance is zero or upon the  occurrence  of an
Event of Default described in ss.4.03(a).

4.02  EARLY  TERMINATION.  You may  terminate  this  Contract,  by giving us two
Business  Days notice upon the  occurrence  of an Event of Default  specified in
ss.4.03(b),  (c) or (d) below.  We may terminate this Contract by giving you not
less than forty-five  days, but no more than  seventy-five  days,  prior written
notice of the occurrence of a Tax Event as described below.

4.03     EVENTS OF DEFAULT.  An Event of Default occurs if:

(a)      We are dissolved or a resolution is passed or proceeding instituted for
         our winding-up, liquidation or similar arrangement (other than pursuant
         to a consolidation, amalgamation or merger);

(b)      We breach any  material  obligation,  representation  or  certification
         contained  herein,  provided  that there is no bona fide  dispute as to
         whether  such breach has occurred  and that such breach  continues  for
         fifteen Business Days following your notice of such breach;

(c)      We fail to make any required  Periodic Payout described in the Schedule
         or any other  payment  described in  ss.ss.3.02  or 3.03 in this or any
         other funding  agreement we issue in connection  with the Program,  and
         such  failure  continues  for five  Business  Days  after  the due date
         thereof;

(d)      We fail to make the Maturity Payout described in the Schedule or in any
         other  funding  agreement we issue in  connection  with the Program and
         such failure is  continuing as of the end of the Business Day following
         the due date thereof.

4.04 A TAX  EVENT.  A Tax  Event  occurs  if we  have  received  an  opinion  of
independent  legal  counsel  stating  in  effect  that  there  is  more  than an
insubstantial  risk that as a result of any amendment  to, or change  (including
any announced  prospective  change) in, the laws (or regulations  thereunder) of
the United States or any political  subdivision or taxing  authority  thereof or
therein or 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, you are or will be within 90 days of the date thereof,
(1)  subject to U.S.  federal  income tax with  respect to  interest  accrued or
received on this  Contract  or (2)  subject to more than a de minimis  amount of
taxes, duties or other governmental charges.

HL-17401-R                             3
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                                      COPY

4.05 PAYMENT UPON TERMINATION.  Unless otherwise  specified in the Schedule,  we
shall  pay you the Fund  Balance  on the date  this  Contract  terminates.  Such
payment fully discharges our obligation to you under this Contract.

                           PART 5 - GENERAL PROVISIONS

5.01  DISCLAIMER  OF  RESPONSIBILITY.  Our only  liability is as set out in this
Contract,  including the Schedule  hereto.  In performing our obligations  under
this Contract,  we are not acting as your fiduciary or agent or as the fiduciary
or agent for anyone else.

5.02 NOTICES. All agreements, notices, directions,  consents, elections or other
communication ("Notices") required by this Contract must be in writing, directed
to the applicable  address  designated on the face page. Any such Notices may be
given by  facsimile  transmission  or other  acceptable  electronic  means.  All
Notices are effective when received.

5.03  AMENDMENTS.  This  Contract  may be  amended  only by a written  agreement
between the parties hereto.

5.04  TRANSFERABILITY.  This  Contract  and the  Accumulation  Fund  established
hereunder  may be sold,  assigned,  or pledged in accordance  with,  and for the
purposes   contemplated   by,  the  documents  and   agreements   governing  the
establishment  and  operation  of the  Program.  We will  maintain  a record  of
ownership of this Contract in our books and records.

5.05 PAYMENTS BY US. When this Contract  provides that we will make a payment to
you,  such payment  shall be made to you or to the agent you  designate.  Unless
otherwise specified in the Schedule, if a payment date is a non-Business Day, we
pay such amount on the next Business Day.

5.06  WAIVER BY US. At your  request,  we may waive  any  terms,  conditions  or
adjustments  provided  for in this  Contract.  Any such waiver is subject to any
limitations  we specify  in making  the waiver and does not  require us to grant
similar  future  waivers.  A failure or delay in  exercising  a right under this
Contract does not waive our right or ability to assert such right in the future.

5.07 MUTUAL REPRESENTATIONS. The parties mutually represent and warrant, each to
the other, that:

(a)      This Contract is its legal, valid and binding  obligation,  enforceable
         in  accordance  with  its  terms,  subject  to  applicable  bankruptcy,
         insolvency,   reorganization,   moratorium  or  other  laws   affecting
         creditor's  rights,  and  subject,  as to  enforceability,  to  general
         principles of equity,  regardless of whether enforcement is sought in a
         proceeding in equity or at law;

(b)      It has the power to enter  into this  Contract  and to  consummate  the
         transactions contemplated hereby;

HL-17401-R                             4
<PAGE>

                                      COPY

(c)      All  information  provided in connection  with this Contract is, to the
         best of its knowledge and belief, true, correct and complete;

(d)      The  execution  and delivery of this  Contract and the  performance  of
         obligations  hereunder  do not and will not  constitute  or result in a
         default,  breach  or  violation,  of the  terms  or  provisions  of its
         certificate,  articles  or charter  of  incorporation,  declaration  of
         trust,  by-laws  or  any  agreement,  instrument,  mortgage,  judgment,
         injunction or order applicable to it or any of its property.

5.08 TAX PROVISIONS.  You, and each transferee or assignee of this Contract,  to
the extent required by law, agree to provide us with any properly  completed tax
forms  that are  needed for us to satisfy  our tax  reporting  obligations  with
respect to amounts  held under this  Contract.  This  Contract is intended to be
disregarded for U.S. federal,  state and local income and franchise tax purposes
or, to the extent it cannot be disregarded, as our debt for such purposes.

HL-17401-R                             5
<PAGE>

                                      COPY

                         HARTFORD LIFE INSURANCE COMPANY

                    ACCUMULATION FUND SUPPLEMENT (FIXED RATE)
                                (THE "SCHEDULE")

                            CONTRACT NUMBER FA-406001

DEPOSIT DATE[S]:           January 6, 2006

CONTRACT PAYMENT[S]:       $1,307,015.00

GUARANTEED RATE:           5.00%

INTEREST CREDITING:        Interest  is  credited  based on a 30-day  month  and
                           using a 360-day  year,  applied  to the Fund  Balance
                           each day.

PERIODIC PAYOUTS:          On July 15,  2006,  and the 15th day of each  January
                           and July thereafter,  we will pay you all accrued and
                           unpaid interest.  If such date is not a Business Day,
                           the  Periodic  Payout  is made on the next  following
                           Business Day without  interest for the period payment
                           is deferred.

OPTIONAL REDEMPTION:       Optional redemptions under ss.3.02 may be made solely
                           with respect to the  "survivor  option"  described in
                           the prospectus  supplement  dated May 5, 2005 for the
                           Program and the pricing  supplement for Hartford Life
                           Global Funding Trust 2006-001.

CALL TERMS:                We may  elect  to pay  you all of the  Fund  Balance,
                           under  ss.3.03 on January  15, 2008 or as of any date
                           thereafter  when a Periodic  Payout is due (the "Call
                           Dates").

MATURITY PAYOUT:           On January 15, 2011 (the "Maturity Date") we will pay
                           you the Fund Balance.

OTHER TERMS:               None.

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