B T INSURANCE FUNDS TRUST
N-18F1, 1996-06-20
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Form N-18F-1

[As adopted in Release No. IC-6561, June 14, 1974.]

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1 UNDER
THE INVESTMENT COMPANY ACT OF 1940.









BT INSURANCE FUNDS TRUST
Exact Name of Registran


INSTRUCTIONS FOR FORM N-18F-1

Read instructions carefully before preparing this notification.  
It will not be deemed acceptible unless it is prepared, executed 
and filed substantially in accordance with these instructions.

(a)   This form shall be used as the notification of election 
filed with the Commission pursuant to Rule 18f-1 under the 
Investment Company Act of 1940.

(b)  Signature
An original and three copies of each notification of election 
shall be filed.

The three copies of the notification may have facsimile or typed 
signatures.

(c)  Filing
The notification of election and all inquiries and communications 
with respect thereto shall be forwarded to the Securities and 
Exchange Commission, Washington, D.C. 20549.

(d)  Fee
There is no fee charged for filing the notification.

NOTIFICATION OF ELECTION

The undersigned registered open-end investment company hereby 
notifies the Securities and Exchange Commission that it elects to 
commit itself to pay in cash all redemptions by a shareholder of 
record as provided by Rule 18f-1 under the Investment Company Act 
of 1940.  It is understood that this election is irrevocable while 
such Rule is in effect unless the Commission by order upon 
application permits the withdrawal of this Notification of 
Election.

SIGNATURE

Pursuant to the requirements of Rule 18f-1 under the Investment 
Company Act of 1940, the registrant has caused this notification 
of election to be duly executed on its behalf in the city of 
Boston and the state of Massachusetts on the 13th day of June, 
1996.

BT INSURANCE FUNDS TRUST

Signature: JULIE A. TEDESCO
          (Name of Registrant)

By:  Julie A. Tedesco		
(Name of director, trustee 
or officer signing on behalf 
of Registrant)

Vice President and Secretary	
(Title)

Attest: TERESA HAMLIN
        (Name)

Teresa Hamlin, Assistant Secretary	
(Title)
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