<Page> CRC SELECT MODIFIED GUARANTEED ANNUITY CONTRACT HARTFORD LIFE INSURANCE COMPANY Supplement Dated October 8, 2002 to the Prospectus Dated May 1, 2002 Effective October 8, 2002, the three-year Guarantee Period is no longer available under the Contract. This supplement should be retained with the prospectus for future reference. 333-81686 HV-3830