FIRST INVESTORS SGL P&PP FOR INV IN FIR INV INS TAX EX FUN I, 497, 1996-10-03

FIRST INVESTORS SGL P&PP FOR INV IN FIR INV INS TAX EX FUN I
497, 1996-10-03

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    FIRST INVESTORS SINGLE PAYMENT AND PERIODIC PAYMENT PLANS
                        FOR INVESTMENT IN
              FIRST INVESTORS GOVERNMENT FUND, INC.

    FIRST INVESTORS SINGLE PAYMENT AND PERIODIC PAYMENT PLANS
                FOR THE ACCUMULATION OF SHARES OF
                FIRST INVESTORS GLOBAL FUND, INC.

    FIRST INVESTORS SINGLE PAYMENT AND PERIODIC PAYMENT PLANS
                        FOR INVESTMENT IN
          FIRST INVESTORS INSURED TAX EXEMPT FUND, INC.

          SUPPLEMENT TO PROSPECTUS DATED APRIL 29, 1996


The following sentence replaces the second sentence of the fourth paragraph 
under the heading "Sponsor and Underwriter:"

"In addition, the Sponsor is responsible for the performance of certain 
special administrative services, specifically: causing the mailing to 
Planholders of prospectuses, when applicable, annual and semiannual reports 
of the Fund, and required dividend and tax notices; and causing an 
independent annual audit of the records of the Custodian and the preparation 
and filing of required tax returns."

                                                  October 7, 1996
FIPPS 002