CONNECTICUT MUTUAL FINANCIAL SERVICES SERIES FUND I INC
497, 1995-09-14
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           CONNECTICUT MUTUAL FINANCIAL SERVICES SERIES FUND I, INC.

                            SUPPLEMENT DATED SEPTEMBER 13, 1995
              TO PROSPECTUSES DATED MAY 1, 1995 AND SEPTEMBER 1, 1995

 This supplement should be read in conjunction with the prospectuses for
 Connecticut Mutual Financial Services Series Fund I, Inc. (the "Fund"), copies
 of which can be obtained by contacting the above-referenced service center.

 G. R. Phelps & Co., Inc. (the "Adviser"), which is a wholly-owned subsidiary
 of Connecticut Mutual Life Insurance Company ("CML"), serves as investment
 adviser to the Fund.  The Boards of Directors of CML and Massachusetts Mutual
 Life Insurance Company ("MassMutual") have approved a plan of merger pursuant
 to which CML would merge with and into MassMutual.   The merger agreement was
 signed on September 13, 1995.  If the merger is consummated, the Adviser will
 become a wholly-owned subsidiary of MassMutual.  The merger is expected to be
 consummated on or about December 31, 1995, subject to the approval of certain
 policy holders and insureds of CML and MassMutual and applicable regulatory
 authorities.  As a result of the merger, MassMutual, would become the nation's
 fifth largest mutual life insurance company with a strong capital position, a
 diverse product portfolio and a competitive cost structure.

 Consummation of the merger may result in an assignment, and consequently a
 termination, of the existing investment management agreement between the
 Adviser and the Fund.  Accordingly, Fund shareholders will be asked to vote on
 a new investment management agreement with the Adviser to become effective at
 or about the time the transaction is completed.

 Further details will be included in proxy materials to be furnished to Fund
 shareholders in connection with a meeting of shareholders expected to be held
 later this year.




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