FIRST INVESTORS NEW YORK INSURED TAX FREE FUND, INC.
               FIRST INVESTORS MULTI-STATE INSURED TAX FREE FUND
      Supplement to Statement of Additional Information dated May 1, 1995


The following Director should be added to "Directors or Trustees and Officers"
on page 59:

James M. Srygley, Director or Trustee, 33 Hampton Road, Chatham, NJ  07928.
Principal, Hampton Properties, Inc., property investment company.



                                                                  May 30, 1995
FITF595



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