MML BAY STATE VARIABLE LIFE SEPARATE ACCOUNT I
24F-2NT, 1996-02-22
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<PAGE>
 
                                  FORM 24F-2
                       ANNUAL NOTICE OF SECURITIES SOLD
                            PURSUANT TO RULE 24F-2

            READ INSTRUCTIONS AT END OF FORM BEFORE PREPARING FORM
                             PLEASE PRINT OR TYPE.

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1.   Name and address of issuer:  MML BAY STATE VARIABLE LIFE SEPARATE ACCOUNT I
                                  1295 STATE STREET
                                  SPRINGFIELD, MA 01111-0001

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2.   Name of each series or class of funds for which this notice is filed:
 
     MML BAY STATE VARIABLE LIFE SEPARATE ACCOUNT I (SEGMENT RELATING TO
     SECURITIES ACT FILE NUMBER 2-78828)

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3.   Investment Company Act File Number:  811-3542
 
     Securities Act File Number:  2-78828

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4.   Last day of fiscal year for which this notice is filed:  DECEMBER 31, 1995
 

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5.   Check box if this notice is being filed more than 180 days after the close
     of the issuer's fiscal year for purposes of reporting securities sold after
     the close of the fiscal year but before termination of the issuer's 24f-2
     declaration.  [_]
 
     NOT APPLICABLE
- --------------------------------------------------------------------------------
6.   Date of termination of issuer's declaration under rule 24f-2(a)(1), if
     applicable (see Instruction A.6):
 
     NOT APPLICABLE
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7.   Number and amount of securities of the same class or series which had been
     registered under the Securities Act of 1933 other than pursuant to rule 
     24f-2 in a prior fiscal year, but which remained unsold at the beginning of
     the fiscal year.
 
     NUMBER OF SECURITIES:  0

- --------------------------------------------------------------------------------
8.   Number and amount of securities registered during the fiscal year other
     than pursuant to rule 24f-2:
 
     NUMBER OF SECURITIES:  0
- --------------------------------------------------------------------------------
9.   Number and aggregate sale price of securities sold during the fiscal year:
 
     AGGREGATE SALE PRICE:  $1,156,298
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10.  Number and aggregate sale price of securities sold during the fiscal year
     in reliance upon registration pursuant to rule 24f-2:
 
     AGGREGATE SALE PRICE:  $1,156,298
- --------------------------------------------------------------------------------
11.  Number and aggregate sale price of securities issued during the fiscal year
     in connection with dividend reinvestment plans, if applicable (See
     Instruction B.7):
 
     AGGREGATE SALE PRICE:  $0
- --------------------------------------------------------------------------------
<PAGE>
 
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12.  Calculation of registration fee:
 
     (i)    Aggregate sale price of securities sold during the fiscal year in
            reliance on rule 24f-2 (from Item 10):
                                                                 $ 1,156,298
                                                                  --------------

     (ii)   Aggregate price of shares issued in connection with dividend
            reinvestment plans (from Item 11, if applicable):
                                                                 + 0
                                                                  --------------

     (iii)  Aggregate price of shares redeemed or repurchased during the fiscal
            year (if applicable):
                                                                 - 1,839,491
                                                                  --------------

     (iv)   Aggregate price of shares redeemed or repurchased and previously
            applied as a reduction to filing fees pursuant to rule 24e-2 (if
            applicable):
                                                                 + 0
                                                                  --------------

     (v)    Net aggregate price of securities sold and issued during the fiscal
            year in reliance on rule 24f-2 [line (i), plus line (ii), less line
            (iii), plus line (iv)] (if applicable):
                                                                  (683,193)
                                                                  --------------

     (vi)   Multiplier prescribed by Section 6(b) of the Securities Act of 1933
            or other applicable law or regulation (see Instruction C.6):
                                                                 x 1/2900
                                                                  --------------

     (vii)  Fee due [line (i) or line (v) multiplied by line (vi)]      
                                                                   0
                                                                  --------------

INSTRUCTION:  Issuers should complete lines (ii), (iii), (iv), and (v) only if
              the form is being filed within 60 days after the close of the
              issuer's fiscal year. See Instruction C.3.
- --------------------------------------------------------------------------------
13.  Check box if fees are being remitted to the Commission's lockbox depository
     as described in section 3a of the Commission's Rules of Informal and Other
     Procedures (17 CFR 202.3a).  [_]
 
     Date of mailing or wire transfer of filing fees to the Commission's lockbox
     depository:
 
     NOT APPLICABLE
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                                   SIGNATURE
This report has been signed below by the following person on behalf of the
issuer and in the capacity and on the date indicated.
 
By (Signature and Title)*            /S/ THOMAS F. ENGLISH
                                     -------------------------------------------
                                     THOMAS F. ENGLISH
                                     CHIEF LEGAL OFFICER AND ASSISTANT SECRETARY
 
 
Date FEBRUARY 19, 1996
    ---------------------

 * Please print the name and title of the signing officer below the signature.
================================================================================
 
<PAGE>
 
[LETTERHEAD OF MML BAY STATE LIFE INSURANCE COMPANY]

                                                       February 19, 1996

Securities and Exchange Commission
Document Control - Room 1004
450 Fifth Street, N.W.
Judiciary Plaza
Washington, DC 20549

Ladies & Gentlemen:

MML Bay State Variable Life Separate Account I ("Separate Account I") is a
separate investment account established by MML Bay State Life Insurance Company
("MML Bay State") on June 9, 1982 by the Board of Directors of MML Bay State in
accordance with the provisions of Chapter 376 of the Missouri Statutes. Under
Missouri law, both Separate Account I and MML Bay State are subject to
regulation by the Division of Insurance of the State of Missouri.

Separate Account I is preparing to file a Rule 24f-2 Notice (the "Notice") with
the Commission pursuant to Rule 24f-2 (the "Rule") under the Investment Company
Act of 1940, as amended, making definite registration of $1,156,298 of an
aggregate amount of Separate Account I securities (the "Securities") sold in
reliance upon the Rule during Separate Account I's fiscal year ended December
31, 1995. As Attorney for MML Bay State, I have acted as counsel to Separate
Account I. I am familiar with the action taken by the Board of Directors of MML
Bay State to authorize the issuance of Separate Account I contracts and have
examined such documents as I deem necessary for the purpose of this opinion.

I assume that appropriate action has been taken to register or qualify the sale
of the Securities under any applicable state or federal laws regulating
offerings and sales of securities and that the notice will be timely filed. I
also assume that Separate Account I or its authorized agent received the
authorized payment of the Securities in accordance with the terms described in
Separate Account I's Registration Statement on Form S-6 (File No. 2-78828) under
the Securities Act of 1933.

Based on the foregoing I am of the opinion that the Securities were validly
issued, fully paid and non-
<PAGE>
 
Securities and Exchange Commission
February 19, 1996
Page 2

assessable.

I consent to this opinion accompanying the Notice when filed with the 
Commission.



Sincerely,

/s/ James M. Rodolakis
James M. Rodolakis
Attorney


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