424B5 1 c35617_424b5.txt Pricing Supplement No. 45 dated Filed pursuant to Rule 424(b)(5) February 14, 2005. File No. 333-112244 (To Prospectus dated September 7, 2004 and Prospectus Supplement dated September 7, 2004) This Pricing Supplement consists of 2 pages. HARTFORD LIFE INSURANCE COMPANY DEPOSITOR FIXED RATE INCOMENOTES(sm) ISSUED THROUGH HARTFORD LIFE GLOBAL FUNDING TRUST 2005-024 5.20% CALLABLE NOTES DUE FEBRUARY 15, 2025 The description in this pricing supplement of the particular terms of the 5.20% IncomeNotes(sm) offered hereby and the Funding Agreement sold by Hartford Life Insurance Company to the Trust specified herein supplements the description of the general terms and provisions of the notes and the funding agreements set forth in the accompanying prospectus and prospectus supplement, to which reference is hereby made. PROVISIONS RELATING TO THE NOTES Principal Amount: $1,734,000.00 Interest Rate: 5.20% Price to Public: 100% Issuance Date: February 17, 2005 Net Proceeds to Trust: $1,690,650.00 Stated Maturity Date: February 15, 2025 Agent's Discount: 2.50% Initial Interest Payment Date: August 15, 2005 CUSIP Number: 41659FBT0 Interest Payment Frequency: Semi-Annually Day Count Convention: 30/360 Regular Record Dates: 15 days prior to an Interest Payment Date. Optional Redemption: Yes [X] No [ ] The Survivor's Option [X] is [ ] is not available Optional Redemption Date: February 15, 2009 or any Annual Put Limitation: $1 million or 1% Interest Payment Date thereafter. Individual Put Limitation: $250,000 Initial Redemption Percentage: 100% Trust Put Limitation: N/A Annual Percentage Reduction: N/A Redemption may be: [X] In whole only. Authorized Denominations: $1,000 integral amounts. [ ] In whole or in part. Securities Exchange Listing: None. Special Tax Considerations: None. Other Provisions Relating to the Notes: None.
Agents: Bear, Stearns & Co. Inc., A.G. Edwards & Sons, Inc., Banc of America Securities LLC, Charles Schwab & Co., Inc., Citigroup, HSBC, JPMorgan, Merrill Lynch & Co., Morgan Stanley, Raymond James, RBC Dain Rauscher, Inc., Scott & Stringfellow, Inc., UBS Financial Services, Inc., Wachovia Securities, WM Financial Services INFORMATION RELATING TO THE FUNDING AGREEMENT Funding Agreement Provider: Hartford Life Insurance Company Funding Agreement: FA-405024 Interest Rate: 5.20% Contract Payment: $1,734,015.00 Effective Date: February 17, 2005 Deposit Amount: $1,690,665.00 Stated Maturity Date: February 15, 2025 (if different from Contract Payment) Day Count Convention: 30/360 Initial Interest Payment Date: August 15, 2005 Special Tax Considerations: None. Interest Payment Frequency: Semi-Annually Optional Redemption: Yes [X] No [ ] Survivor Option: Under the Funding Agreement, Hartford Life Optional Redemption Date: February 15, 2009 or any Insurance Company [X] is [ ] is not required Interest Payment Date thereafter. to provide the Trust with amounts it needs to Initial Redemption Percentage: 100% honor valid exercises of the Survivor's Option. Annual Percentage Reduction: N/A Redemption may be: [X] In whole only. Other Provisions Relating to the Funding Agreement: None. [ ] In whole or in part.
Note: The Opinion regarding the enforceability of the Funding Agreement and the related Consent of Counsel for Hartford Life Insurance Company is given by Jonathan Mercier, Counsel. INFORMATION PERTAINING TO THE RATINGS OF THE NOTES AND THE FUNDING AGREEMENT It is anticipated that, as of February 17, 2005, both the Notes and the Funding Agreement will be rated by the indicated rating agencies as follows: Standard & Poor's: AA- Moody's: Aa3 The Moody's rating also extends to the Program under which the Notes are issued.