<PAGE>
SUPPLEMENT DATED MAY 8, 2000
TO THE PROSPECTUSES OF
CIGNA CORPORATE VARIABLE UNIVERSAL LIFE AND
CIGNA CORPORATE VARIABLE UNIVERSAL LIFE II
DATED MAY 1, 2000
The following two funds will not be available to purchasers in New York or
California at this time:
Janus Aspen Series Balanced Portfolio
Neuberger Berman AMT Partners Portfolio
Please contact your broker for information regarding the availability of
these funds in either state in the future.
PLEASE KEEP THIS SUPPLEMENT FOR FUTURE REFERENCE.