PBHG INSURANCE SERIES FUND, INC.
SUPPLEMENT DATED MAY 1, 1999
To the Prospectus Dated May 1, 1999
This Supplement updates certain information contained in the Prospectus.
You should retain both this Supplement and the Prospectus for future reference.
You may obtain an additional copy of the Prospectus, as supplemented, free of
charge, by calling 1-800-433-0051.
Effective immediately, Jeffrey A. Wrona manages the PBHG Technology &
Communications Portfolio. Prior to May 1, 1999, Mr. Wrona co-managed this
Portfolio. A discussion of Mr. Wrona's prior business experience begins on page
23 of the Prospectus.