Exhibit 5.2
[LOGO]
THE HARTFORD
February 16, 2006
To: Board of Directors of Hartford Life Insurance Company
RE: Enforceability of Funding Agreements Issued to Certain Trusts
Ladies and Gentlemen:
I am an attorney with Hartford Life Insurance Company ("Hartford Life"), a
Connecticut life insurance corporation.
I am furnishing this opinion in connection with the issuance by Hartford Life of
the funding agreements listed below (each a "Contract") to the trusts (each a
"Trust") listed below on or about the date of this letter:
CONTRACT CONTRACTHOLDER
-------- --------------
Funding Agreement FA-406014 Hartford Life Global Funding Trust 2006-014
Funding Agreement FA-406015 Hartford Life Global Funding Trust 2006-015
Funding Agreement FA-406016 Hartford Life Global Funding Trust 2006-016
In each instance the Trust was established pursuant to the Hartford Life Global
Funding note issuance program (the "Program") described in that certain
registration statement on Form S-3 filed on March 18, 2005, as amended by
Pre-Effective Amendment No. 1 filed with the Commission on April 12, 2005 and
Post-Effective Amendment No. 1 filed with the Commission on December 13, 2005
(the "Registration Statement") under the Securities Act of 1933, as amended (the
"Act"). The Registration Statement describes (i) the registration and public
offering of up to $5 billion, in the aggregate principal amount of notes (the
"Notes") to be issued by a series of trusts and (ii) the registration of up to
$5,000,000,000, or the equivalent amount in one or more foreign or composite
currencies, aggregate principal amount of Hartford Life's funding agreements
(each, a "Contract") to be sold to the trusts described below in connection with
the issuance and sale of the Notes.
Each of the Trusts is intended to be a trust described in the prospectus dated
April 15, 2005 (including the prospectus supplement relating to IncomeNotes(sm)
dated May 5, 2005), and included in the Registration Statement (together, the
"Prospectus"). Once duly formed, each Trust is authorized to issue no more than
a single series of Notes and to take certain other actions necessary or
appropriate to such issuance. The proceeds from the sale of each series of Notes
are to be used by each Trust to purchase separately from Hartford Life a funding
agreement, such as the Contracts listed above. As described in the Prospectus,
the Notes issued by each Trust are to be secured by the assignment to an
indenture trustee of its Contract and all proceeds from its Contract.
In connection with the foregoing, I, or persons under my supervision, have
examined an original or copies certified to my satisfaction as being a true copy
of the certificate of incorporation and/or direction, bylaws of Hartford Life,
and have reviewed such other corporate records, instruments and other documents
as deemed necessary or appropriate in order to render the opinions set forth
herein. I, or persons under my supervision or direction, have also reviewed, in
unexecuted form, each of the Contracts.
In the examination of various documents, instruments and records, including
without limitation any referred to in this opinion letter, and in connection
with the opinions herein expressed, I have assumed the competency of all
individual signatories, the genuineness of all signatures, submitted as
certified, photostatic or electronic copies, and the authenticity of the
originals of such latter documents.
Page 2
February 16, 2006
Based upon and subject to the foregoing, I am of the opinion that, as of the
date of this letter:
(a) Hartford Life is a Connecticut domiciled insurance company
duly organized, validly existing and in good standing under
the laws of Connecticut as a corporation formed for the
purposes of conducting the business of a life insurance
company. Hartford Life has the necessary corporate authority
to enter into each of the Contracts and to perform its
respective obligations thereunder.
(b) Hartford Life has obtained licenses from the states of
Connecticut and Delaware, which authorize Hartford Life to
conduct life insurance business and to issue insurance
contracts (including each of the Contracts) in those states.
Hartford Life has all necessary authority to execute and to
issue such Contracts under applicable Connecticut and Delaware
insurance laws and regulations and orders and interpretations
of the Connecticut Insurance Department and the Delaware
Insurance Department.
(c) The issuance of each of the Contracts has been approved by all
necessary corporate action on the part of Hartford Life; and
each Contract constitutes the legal, valid and binding
obligation of Hartford Life, enforceable in accordance with
its terms, except to the extent enforceability thereof may be
limited by (i) bankruptcy, insolvency, fraudulent conveyances,
fraudulent transfers, reorganization, or moratorium or other
similar laws now or hereafter in effect relating to or
effecting the enforcement of creditors' rights or remedies
generally and (ii) general principles of equity (regardless of
whether such enforcement is considered in a proceeding in
equity or at law), including the discretion of the court
before which any proceeding may be brought, concepts of good
faith, reasonableness and fair dealing.
I consent to the filing of this opinion with the Securities and Exchange
Commission as an exhibit to the Current Report of Hartford Life on Form 8-K and
to the use of my name under the heading "Legal Matters" in the Prospectus and to
the incorporation by reference of this opinion and consent as exhibits to the
Registration Statement filed in accordance with Rule 462(b) under the Act. In
giving the foregoing consents, I do not thereby admit that I come within the
category of persons, whose consent is required under Section 7 of the Securities
Act of 1933, as amended, or the rules and regulations of the Securities and
Exchange Commission thereunder.
Very truly yours,
/s/ Jonathan Mercier
- --------------------
Jonathan Mercier
Counsel
Hartford Life Insurance Company