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Published on 7/1/2008 in the Prospect News Structured Products Daily.

New Issue: Wachovia prices $6.44 million protected notes linked to Dow Industrials for Hartford

By Susanna Moon

Chicago, July 1 - Hartford Life Insurance Co. priced $6.44 million of zero-coupon principal-protected equity indexed notes due June 25, 2013 linked to the Dow Jones Industrial Average via agent Wachovia Securities, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the sum of the index's returns for each quarter throughout the life of the notes. The return in each quarter will be capped at 5%, and the minimum return at maturity will be 17%.

Issuer:Hartford Life Insurance Co.
Issue:Principal-protected equity indexed notes
Underlying index:Dow Jones Industrial Average
Amount:$6,435,000
Maturity:June 25, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus sum of index returns for each quarter, capped at 5% per quarter; payment floor of 17%
Initial index level:11,346.51
Pricing date:June 27
Settlement date:July 2
Agent:Wachovia Securities
Fees:1.75%

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