424B2 1 c48003_424b2.txt Filed pursuant to Rule 424(b)(2) File No. 333-137215 Pricing Supplement No. 70 dated April 16, 2007. (To Prospectus dated September 8, 2006) This Pricing Supplement consists of 4 pages. Hartford Life Insurance Company IncomeNotes(sm) The description in this pricing supplement of the particular terms of the following series of IncomeNotes(sm) offered hereby supplements the description of the general terms and provisions of the notes set forth in the prospectus dated September 8, 2006, to which reference is hereby made. The Notes described in this pricing supplement all have: A Trade Date of: April 23, 2007 An Issuance Date of: April 26, 2007 ADDITIONAL TERMS ARE DEFINED BELOW. ------------------------------------------------------------------------------- Floating Rate Notes due April 15, 2012 CUSIP Number: 4165X0EQ9 Series Number: 407373 Stated Maturity Date: April 15, 2012 Initial Interest Rate: 5.25% Interest Payment Frequency: Monthly Interest Payment Dates: May 15, 2007 and the 15th of each month thereafter or, if such day is not a Business Day, the next following Business Day, without interest for the period payment is deferred. Initial Interest Reset Date: April 15, 2008 Interest Reset Dates: Each Interest Payment Date occurring on or after the Initial Interest Reset Date. Interest Determination Date(s): The fifth Business Day prior to each Interest Reset Date. Base Rate: [ ] CD Rate [ ] Federal Funds Rate [ ] Commercial Paper Rate [ ] LIBOR [ ] Constant Maturity Swap Rate [ ] Prime Rate [ ] Constant Maturity Treasury Rate [ ] Treasury Rate [X] CPI Adjustment Rate [ ] Other (see attached) If LIBOR [ ] LIBOR Reuters Page [ ] LIBOR Telerate Page [ ] Designated LIBOR Currency If Constant Maturity Treasury Rate Telerate Page [ ] 7051 [ ] 7052 If 7052 [ ] Weekly Average [ ] Monthly Average Designated CMT Maturity Index: Floating Rate/Fixed Rate Note: [ ] Yes [X] No If yes: Fixed Rate: Fixed Rate Commencement Date: Maximum Interest Rate: None. Minimum Interest Rate: 0.00% Index Maturity: Not Applicable. Spread: 2.30% Spread Multiplier: None. Page 1 Computation of Interest: See Prospectus. Sinking Fund: None. Price to Public: 100% Agent's Discount: 1.00% Day Count Convention: 30/360, unadjusted Optional Redemption: Yes [ ] No [X] Optional Redemption Date(s): N/A Initial Redemption Percentage: N/A Annual Percentage Reduction: N/A Redemption may be: [ ] In whole only. [ ] In whole or in part. The Survivor's Option: [X] is [ ] is not available. Annual Put Limitation: $1 million or 1% Individual Put Limitation: $250,000 Series Put Limitation: N/A Special Tax Considerations: None. Calculation Agent: The Bank of New York Trust Company, N.A. ------------------------------------------------------------------------------- 5.25% Callable Notes due April 15, 2012 CUSIP Number: 4165X0ER7 Series Number: 407374 Stated Maturity Date: April 15, 2012 Interest Rate: 5.25% Interest Payment Frequency: Semi-Annually Initial Interest Payment Date: October 15, 2007 Price to Public: 100% Agent's Discount: 1.00% Day Count Convention: 30/360 Optional Redemption: Yes [X] No [ ] Optional Redemption Date(s): April 15, 2009 or any Interest Payment Date thereafter. Initial Redemption Percentage: 100% Annual Percentage Reduction: N/A Redemption may be: [X] In whole only. [ ] In whole or in part. The Survivor's Option: [X] is [ ] is not available. Annual Put Limitation: $1 million or 1% Individual Put Limitation: $250,000 Series Put Limitation: N/A Special Tax Considerations: None. ------------------------------------------------------------------------------- 5.50% Callable Notes due April 15, 2015 CUSIP Number: 4165X0ES5 Series Number: 407375 Stated Maturity Date: April 15, 2015 Interest Rate: 5.50% Interest Payment Frequency: Semi-Annually Initial Interest Payment Date: October 15, 2007 Page 2 Price to Public: 100% Agent's Discount: 1.40% Day Count Convention: 30/360 Optional Redemption: Yes [X] No [ ] Optional Redemption Date(s): April 15, 2009 or any Interest Payment Date thereafter. Initial Redemption Percentage: 100% Annual Percentage Reduction: N/A Redemption may be: [X] In whole only. [ ] In whole or in part. The Survivor's Option: [X] is [ ] is not available. Annual Put Limitation: $1 million or 1% Individual Put Limitation: $250,000 Series Put Limitation: N/A Special Tax Considerations: None. ------------------------------------------------------------------------------- 5.65% Callable Notes due April 15, 2017 CUSIP Number: 4165X0ET3 Series Number: 407376 Stated Maturity Date: April 15, 2017 Interest Rate: 5.65% Interest Payment Frequency: Semi-Annually Initial Interest Payment Date: October 15, 2007 Price to Public: 100% Agent's Discount: 1.50% Day Count Convention: 30/360 Optional Redemption: Yes [X] No [ ] Optional Redemption Date(s): April 15, 2009 or any Interest Payment Date thereafter. Initial Redemption Percentage: 100% Annual Percentage Reduction: N/A Redemption may be: [X] In whole only. [ ] In whole or in part. The Survivor's Option: [X] is [ ] is not available. Annual Put Limitation: $1 million or 1% Individual Put Limitation: $250,000 Series Put Limitation: N/A Special Tax Considerations: None. ------------------------------------------------------------------------------- ADDITIONAL INFORMATION PERTAINING TO ALL NOTES DESCRIBED IN THIS PRICING SUPPLEMENT: Securities Exchange Listing: None. Specified Currency: U.S. Dollars Authorized Denominations: $1,000 integral amounts. Indenture Trustee: The Bank of New York Trust Company, N.A is successor Indenture Trustee under Section 7.14 of the Indenture. 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; Fidelity Capital Page 3 Markets Services, a division of National Financial Services, LLC; Merrill Lynch & Co.; Morgan Stanley; Piper Jaffray & Co.; Raymond James; RBC Dain Rauscher, Inc.; Scott & Stringfellow, Inc.; UBS Investment Bank; Wachovia Securities RATINGS: It is anticipated that, as of April 26, 2007 the Notes will be rated by the indicated rating agencies as follows: Standard & Poor's: AA- Moody's: A1 Fitch: AA- A.M. Best: a+ Page 4