New Issue: Hartford Life sets terms for 0% principal-protected notes linked to Nikkei 225

By Jennifer Chiou

New York, April 19 - Hartford Life Insurance Co. set terms on an issue of zero-coupon principal-protected notes due April 23, 2012 linked to the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 128% of any increase in the index. Investors will receive at least par.

Bear, Stearns & Co. Inc. is the lead agent.

Issuer:	Hartford Life Insurance Co.
Issue:	Principal-protected medium-term notes
Underlying index:	Nikkei 225
Maturity:	April 23, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 128% of any index gain; floor of par
Initial index level:	17,667.33
Pricing date:	April 18
Settlement date:	April 23
Agents:	Bear, Stearns & Co. Inc., A.G. Edwards & Sons Inc., Banc of America Securities LLC, Charles Schwab & Co. Inc., Citigroup, Fidelity Capital Markets Services, Merrill Lynch & Co., Morgan Stanley, Piper Jaffray & Co., Raymond James, RBC Dain Rauscher Inc., Scott & Stringfellow Inc., UBS Investment Bank, Wachovia Securities
Agent fees:	2.75%

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