EXHIBIT 99.2
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors of
Hartford Life Insurance Company
We have examined management's assertion that Hartford Life Global Funding Trusts
(the "Trusts") have complied as of and for the year ended June 15, 2005 with its
established minimum servicing standards described in the accompanying management
assertion, dated June 15, 2005. Such assertion was examined in relation to those
Trusts included in the attached Appendix A. Management is responsible for the
Trusts' compliance with those minimum servicing standards. Our responsibility is
to express an opinion on management's assertion based on our examination.
Our examination was conducted in accordance with attestation standards
established by the American Institute of Certified Public Accountants as adopted
by the Public Company Accounting Oversight Board and, accordingly, included
examining, on a test basis, evidence about the Trusts' compliance with its
minimum servicing standards and performing such other procedures as we
considered necessary in the circumstances. We believe that our examination
provides a reasonable basis for our opinion. Our examination does not provide
a legal determination on the Trusts' compliance with its minimum servicing
standards.
In our opinion, management's assertion that the Trusts complied with the
aforementioned minimum servicing standards as of and for the year ended June 15,
2005 is fairly stated, in all material respects based on criteria set forth in
Appendix B.
/s/ DELOITTE & TOUCHE, LLP
Hartford, Connecticut
August 8, 2005
APPENDIX A
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NAME OF TRUST APPLICABLE FUNDING AGREEMENT
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Hartford Life Global Funding Trust 2004-001 Funding Agreement FA-404001
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Hartford Life Global Funding Trust 2004-002 Funding Agreement FA-404002
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Hartford Life Global Funding Trust 2004-003 Funding Agreement FA-404003
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Hartford Life Global Funding Trust 2004-004 Funding Agreement FA-404004
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Hartford Life Global Funding Trust 2004-005 Funding Agreement FA-404005
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Hartford Life Global Funding Trust 2004-006 Funding Agreement FA-404006
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Hartford Life Global Funding Trust 2004-007 Funding Agreement FA-404007
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Hartford Life Global Funding Trust 2004-008 Funding Agreement FA-404008
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Hartford Life Global Funding Trust 2004-009 Funding Agreement FA-404009
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Hartford Life Global Funding Trust 2004-010 Funding Agreement FA-404010
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Hartford Life Global Funding Trust 2004-011 Funding Agreement FA-404011
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Hartford Life Global Funding Trust 2004-012 Funding Agreement FA-404012
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Hartford Life Global Funding Trust 2004-013 Funding Agreement FA-404013
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Hartford Life Global Funding Trust 2004-014 Funding Agreement FA-404014
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Hartford Life Global Funding Trust 2004-015 Funding Agreement FA-404015
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Hartford Life Global Funding Trust 2004-016 Funding Agreement FA-404016
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Hartford Life Global Funding Trust 2004-017 Funding Agreement FA-404017
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Hartford Life Global Funding Trust 2004-018 Funding Agreement FA-404018
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Hartford Life Global Funding Trust 2004-019 Funding Agreement FA-404019
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Hartford Life Global Funding Trust 2004-020 Funding Agreement FA-404020
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Hartford Life Global Funding Trust 2004-021 Funding Agreement FA-404021
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Hartford Life Global Funding Trust 2005-001 Funding Agreement FA-405001
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Hartford Life Global Funding Trust 2005-002 Funding Agreement FA-405002
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Hartford Life Global Funding Trust 2005-003 Funding Agreement FA-405003
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Hartford Life Global Funding Trust 2005-004 Funding Agreement FA-405004
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Hartford Life Global Funding Trust 2005-005 Funding Agreement FA-405005
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Hartford Life Global Funding Trust 2005-006 Funding Agreement FA-405006
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Hartford Life Global Funding Trust 2005-007 Funding Agreement FA-405007
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Hartford Life Global Funding Trust 2005-008 Funding Agreement FA-405008
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Hartford Life Global Funding Trust 2005-009 Funding Agreement FA-405009
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Hartford Life Global Funding Trust 2005-010 Funding Agreement FA-405010
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Hartford Life Global Funding Trust 2005-011 Funding Agreement FA-405011
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Hartford Life Global Funding Trust 2005-012 Funding Agreement FA-405012
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Hartford Life Global Funding Trust 2005-013 Funding Agreement FA-405013
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Hartford Life Global Funding Trust 2005-014 Funding Agreement FA-405014
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Hartford Life Global Funding Trust 2005-015 Funding Agreement FA-405015
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Hartford Life Global Funding Trust 2005-016 Funding Agreement FA-405016
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Hartford Life Global Funding Trust 2005-017 Funding Agreement FA-405017
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Hartford Life Global Funding Trust 2005-018 Funding Agreement FA-405018
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Hartford Life Global Funding Trust 2005-019 Funding Agreement FA-405019
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Hartford Life Global Funding Trust 2005-020 Funding Agreement FA-405020
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APPENDIX A - PAGE 2
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NAME OF TRUST APPLICABLE FUNDING AGREEMENT
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Hartford Life Global Funding Trust 2005-021 Funding Agreement FA-405021
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Hartford Life Global Funding Trust 2005-022 Funding Agreement FA-405022
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Hartford Life Global Funding Trust 2005-023 Funding Agreement FA-405023
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Hartford Life Global Funding Trust 2005-024 Funding Agreement FA-405024
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Hartford Life Global Funding Trust 2005-025 Funding Agreement FA-405025
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Hartford Life Global Funding Trust 2005-026 Funding Agreement FA-405026
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Hartford Life Global Funding Trust 2005-027 Funding Agreement FA-405027
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Hartford Life Global Funding Trust 2005-028 Funding Agreement FA-405028
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Hartford Life Global Funding Trust 2005-029 Funding Agreement FA-405029
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Hartford Life Global Funding Trust 2005-030 Funding Agreement FA-405030
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Hartford Life Global Funding Trust 2005-031 Funding Agreement FA-405031
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Hartford Life Global Funding Trust 2005-032 Funding Agreement FA-405032
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Hartford Life Global Funding Trust 2005-033 Funding Agreement FA-405033
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Hartford Life Global Funding Trust 2005-034 Funding Agreement FA-405034
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Hartford Life Global Funding Trust 2005-035 Funding Agreement FA-405035
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Hartford Life Global Funding Trust 2005-036 Funding Agreement FA-405036
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Hartford Life Global Funding Trust 2005-037 Funding Agreement FA-405037
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Hartford Life Global Funding Trust 2005-038 Funding Agreement FA-405038
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Hartford Life Global Funding Trust 2005-039 Funding Agreement FA-405039
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Hartford Life Global Funding Trust 2005-040 Funding Agreement FA-405040
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Hartford Life Global Funding Trust 2005-041 Funding Agreement FA-405041
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Hartford Life Global Funding Trust 2005-042 Funding Agreement FA-405042
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Hartford Life Global Funding Trust 2005-043 Funding Agreement FA-405043
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Hartford Life Global Funding Trust 2005-044 Funding Agreement FA-405044
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Hartford Life Global Funding Trust 2005-045 Funding Agreement FA-405045
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Hartford Life Global Funding Trust 2005-046 Funding Agreement FA-405046
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Hartford Life Global Funding Trust 2005-047 Funding Agreement FA-405047
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Hartford Life Global Funding Trust 2005-048 Funding Agreement FA-405048
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Hartford Life Global Funding Trust 2005-049 Funding Agreement FA-405049
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Hartford Life Global Funding Trust 2005-050 Funding Agreement FA-405050
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Hartford Life Global Funding Trust 2005-051 Funding Agreement FA-405051
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Hartford Life Global Funding Trust 2005-052 Funding Agreement FA-405052
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Hartford Life Global Funding Trust 2005-053 Funding Agreement FA-405053
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Hartford Life Global Funding Trust 2005-054 Funding Agreement FA-405054
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Hartford Life Global Funding Trust 2005-055 Funding Agreement FA-405055
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Hartford Life Global Funding Trust 2005-056 Funding Agreement FA-405056
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Hartford Life Global Funding Trust 2005-057 Funding Agreement FA-405057
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Hartford Life Global Funding Trust 2005-058 Funding Agreement FA-405058
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Hartford Life Global Funding Trust 2005-059 Funding Agreement FA-405059
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APPENDIX A - PAGE 3
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NAME OF TRUST APPLICABLE FUNDING AGREEMENT
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Hartford Life Global Funding Trust 2005-060 Funding Agreement FA-405060
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Hartford Life Global Funding Trust 2005-061 Funding Agreement FA-405061
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Hartford Life Global Funding Trust 2005-062 Funding Agreement FA-405062
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Hartford Life Global Funding Trust 2005-063 Funding Agreement FA-405063
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Hartford Life Global Funding Trust 2005-064 Funding Agreement FA-405064
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Hartford Life Global Funding Trust 2005-065 Funding Agreement FA-405065
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Hartford Life Global Funding Trust 2005-066 Funding Agreement FA-405066
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Hartford Life Global Funding Trust 2005-067 Funding Agreement FA-405067
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Hartford Life Global Funding Trust 2005-068 Funding Agreement FA-405068
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Hartford Life Global Funding Trust 2005-069 Funding Agreement FA-405069
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Hartford Life Global Funding Trust 2005-070 Funding Agreement FA-405070
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Hartford Life Global Funding Trust 2005-071 Funding Agreement FA-405071
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APPENDIX B
Date: June 15, 2005
The Hartford Life Global Funding trusts (the "Trusts") have responsibility for
assessing compliance with the minimum servicing standards for the Trusts
described below. Those minimum servicing standards were used to assess
compliance. As of and for the year ended June 15, 2005, the Trusts have
complied, in all material respects, with the established minimum servicing
standards for the notes issued by the Trusts (the "Notes") and the related
funding agreements issued by Hartford Life Insurance Company (the "Funding
Agreements"), all as described below. Please note that various functions
relating to the minimum servicing standards are performed by JPMorgan Chase
Bank, N.A. ("JPMorgan"), as indenture trustee, paying agent and calculation
agent under most of the indentures relating to the Trusts.
MINIMUM SERVICING STANDARDS FOR HARTFORD LIFE GLOBAL FUNDING TRUSTS
1. Note purchase payments have been received on the Issuance Date for each Trust
from The Depository Trust Company ("DTC"), or other Note purchaser, and,
pursuant to the applicable closing instrument, have been remitted electronically
on the same day to Hartford Life to purchase the applicable Funding Agreement.
2. With respect to each Trust for which JPMorgan acts as indenture trustee,
JPMorgan received and maintains in its files (in electronic and/or paper form)
the original of each Funding Agreement associated with such Trust, including a
copy of the related financing statement (Form UCC-1), endorsed to reflect its
filing with the Delaware Secretary of State's Office.
3. All amounts of principal and interest due on each Funding Agreement
(including amounts associated with the options described in 6, below) were
received when due, in the amount calculated in accordance with the applicable
Funding Agreement, and applied to make payments due under the Notes issued by
the applicable Trust.
4. All amounts of principal and interest due on each Note (including amounts
associated with the options described in 6, below) were paid when due, in the
amount calculated under the terms of the applicable Note, to Cede & Co. (as
nominee for DTC) or to another holder of the particular Note.
5. With respect to each Note (and the associated Funding Agreement) that
provides for a floating rate, the re-determination of the rate for each interest
reset period has been accurately made, following the terms of the Notes, and
consistent with the Funding Agreement.
6. For those Notes with the particular feature set forth below, the indicated
actions have been taken, as required:
a. For Notes with a "survivor's option", JPMorgan has processed
requests for payment under the option in a timely manner, consistent
with the terms of the Notes.
b. For Notes including an extendable feature, upon the failure of a
Note holder to provide a timely notice to extend the term of a Note,
JPMorgan has submitted a Funding Agreement put notice to Hartford Life
within three business days of the end of the extension election period.
c. For Notes granting the Trust a call option, upon receipt of a
Funding Agreement call election, JPMorgan has provided a call notice to
DTC or other Note holder at least 30 days prior to the call date.
HARTFORD LIFE INSURANCE COMPANY
By /s/ KENNETH MCCULLUM
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Kenneth McCullum, Vice President & Actuary