New Issue: Hartford Life sets terms on principal-protected notes linked to S&P 500

By Jennifer Chiou

New York, Aug. 30 - Hartford Life Insurance Co. set the terms on an undisclosed amount of zero-coupon principal-protected notes due Sept. 4, 2014 linked to the S&P 500 index, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain. Investors will receive at least par.

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

Issuer:	Hartford Life Insurance Co.
Issue:	Principal-protected notes
Underlying index:	S&P 500
Maturity:	Sept. 4, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; floor of par
Initial index level:	1,463.76
Final index level:	The average of the index's levels on the 29th day of March, April, May, June, July and August of 2014
Pricing date:	Aug. 29
Settlement date:	Sept. 4
Agents:	Bear, Stearns & Co. Inc. (lead); A.G. Edwards & Sons, Inc.; Banc of America Securities LLC; Charles Schwab & Co., Inc.; Citigroup; Fidelity Capital Markets Services; Janney Montgomery Scott LLC; Merrill Lynch & Co.; Morgan Keegan & Co., Inc.; Morgan Stanley; NatCity Investments, Inc.; Raymond James; RBC Dain Rauscher, Inc.; Robert W. Baird & Co. Inc.; Scott & Stringfellow, Inc.; UBS Investment Bank; Wachovia Securities
Fees:	3%

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