Panorama Plus

Underlying Fund Disclosure Documents

Fund order does not imply relative risk and return potential.

AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)

Invesco Oppenheimer V.I. Conservative Balanced Fund (Series I)*
Summary Prospectus | Prospectus | Annual Report | Semi-Annual Report | Statement of Additional Information |
Portfolio Holdings: Q1 | Q3

Invesco Oppenheimer V.I. Government Money Fund (Series I)*
Summary Prospectus | Prospectus | Annual Report | Semi-Annual Report | Statement of Additional Information

Invesco Oppenheimer V.I. International Growth Fund (Series I)
Summary Prospectus | Prospectus | Annual Report | Semi-Annual Report | Statement of Additional Information |
Portfolio Holdings: Q1 | Q3

Invesco Oppenheimer V.I. Main Street Fund® (Series I)
Summary Prospectus | Prospectus | Annual Report | Semi-Annual Report | Statement of Additional Information |
Portfolio Holdings: Q1 | Q3

Invesco Oppenheimer V.I. Total Return Bond Fund (Series I)*
Summary Prospectus | Prospectus | Annual Report | Semi-Annual Report | Statement of Additional Information |
Portfolio Holdings: Q1 | Q3

FIDELITY® VARIABLE INSURANCE PRODUCTS FUND

Fidelity® VIP Contrafund® Portfolio (Initial Class)
Summary Prospectus | Prospectus | Annual Report | Semi-Annual Report | Statement of Additional Information |
Portfolio Holdings: Q1 | Q3

MML SERIES INVESTMENT FUND

MML Income & Growth Fund (Initial Class)
Summary Prospectus | Prospectus | Annual Report | Semi-Annual Report | Statement of Additional Information |
Portfolio Holdings: Q1 | Q3

MML Mid Cap Growth Fund (Initial Class)
Summary Prospectus | Prospectus | Annual Report | Semi-Annual Report | Statement of Additional Information |
Portfolio Holdings: Q1 | Q3

MML SERIES INVESTMENT FUND II

MML High Yield Fund (Service Class I)
Summary Prospectus | Prospectus | Annual Report | Semi-Annual Report | Statement of Additional Information |
Portfolio Holdings: Q1 | Q3

MML Managed Bond Fund (Service Class)
Summary Prospectus | Prospectus | Annual Report | Semi-Annual Report | Statement of Additional Information |
Portfolio Holdings: Q1 | Q3

MML Short-Duration Bond Fund (Service Class I)
Summary Prospectus | Prospectus | Annual Report | Semi-Annual Report | Statement of Additional Information |
Portfolio Holdings: Q1 | Q3

We no longer offer these contracts for sale to the public. Contract owners may continue, however, to make purchase payments to their contract.

* Individual Fund Footnotes:
Invesco Oppenheimer V.I. Conservative Balanced Fund is unavailable in contracts issued on or after May 1, 2009. For contracts issued prior to May 1, 2009, you may not allocate any new money to this fund via purchase payments or transfers.
Invesco Oppenheimer V.I. Government Money Fund is unavailable in contracts issued on or after January 19, 2008
Invesco Oppenheimer V.I. Total Return Bond Fund is unavailable in contracts issued on or after May 1, 2009. For contracts issued prior to May 1, 2009, you may not allocate any new money to this fund via purchase payments or transfers.

Before purchasing a MassMutual variable annuity, you should carefully consider the investment objectives, risks, charges and expenses of the annuity. For this and other information, obtain the prospectus for the annuity from your registered representative. Please read the prospectus carefully before investing or sending money. You may also obtain the prospectuses (or summary prospectuses, if available) for the annuity’s underlying investment choices from your registered representative.

Panorama Plus (form number PANA+192) is a variable annuity issued by C.M. Life Insurance Company. C.M. Life Insurance Company, Enfield, CT 06082, is a subsidiary of Massachusetts Mutual Life Insurance Company, Springfield, MA 01111.

Principal Underwriters: MML Strategic Distributors, LLC. and MML Investors Services, Members FINRA and SIPC (www.FINRA.org and www.SIPC.org) MML Strategic Distributors, LLC. and MML Investors Services are subsidiaries of Massachusetts Mutual Life Insurance Company, 1295 State Street, Springfield, MA 01111-0001.

Not FDIC/NCUA Insured Not a Bank Deposit Not Bank Guaranteed
May Lose Value Not Insured by Any Federal Government Agency