FIRST INVESTORS NEW YORK INSURED TAX FREE FUND INC
24F-2NT, 1997-02-27
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2


1.       Name and Address of issuer:

         First Investors New York Insured Tax Free Fund, Inc.
         95 Wall Street
         New York, NY  10005

2.       Name of each series or class of funds for which this notice is filed:

         Class A and Class B shares

3.       Investment Company Act File Number:  811-3843

         Securities Act File Number:  2-86489


4.       Last day of fiscal year for which this notice is filed:

         December 31, 1996

5.       Check box if this  notice is being  filed  more than 180 days after the
         close of the issuer's fiscal year for purposes of reporting  securities
         sold after the close of the fiscal year but before  termination  of the
         issuer's 24f-2 declaration:

                                       [ ]

6.       Date of termination of issuer's declaration under rule 24f-2(a)(1), 
         if applicable (see instruction A.6):



7.       Number and amount of  securities  of the same class or series which had
         been registered under the Securities Act of 1933 other than pursuant to
         rule 24f-2 in a prior fiscal  year,  but which  remained  unsold at the
         beginning of the fiscal year:

                  -0-

8.       Number and amount of securities registered during the fiscal year 
         other than pursuant to rule 24f-2:

                  -0-

9.       Number and aggregate sale price of securities sold during the fiscal 
         year:

                  Number:           1,701,884.030
                  Sale Price:       $25,152,538.60

<PAGE>


10.      Number and aggregate  sale price of securities  sold during the 
         fiscal year in reliance upon  registration pursuant to rule 24f-2:

                  Number:           1,701,884.030
                  Sale Price:       $25,152,538.60

11.      Number and aggregate sale price of securities  issued during the fiscal
         year in connection with dividend reinvestment plans, if applicable (see
         instruction B.7):


12.      Calculation of registration fee:

(i)        Aggregate  sale price of  securities  sold  
           during the fiscal year in reliance on rule 
           24f-2 (from item 10):                              $  25,152,538.60
                                                              ----------------

(ii)       Aggregate   price  of  shares  issued  in  
           connection  with  dividend reinvestment plans 
           (from item 11, if applicable):                     +         -0-
                                                              ----------------

(iii)      Aggregate price of shares  redeemed or 
           repurchased  during the fiscal year (if 
           applicable):                                       -  29,646,524.32
                                                              ----------------

(iv)       Aggregate  price of shares  redeemed or  
           repurchased  and  previously applied as a  
           reduction  to filing  fees  pursuant  to 
           rule 24e-2 (if applicable):                        +         -0-
                                                              ----------------

(v)        Net aggregate  price of securities  sold 
           and issued during the fiscal year in reliance 
           on rule 24f-2 (line (i),  plus line (ii),  less 
           line (iii), plus line (iv) (if applicable):                  -0-
                                                              ----------------

(vi)       Multiplier  prescribed by Section 6(b) of 
           the  Securities Act of 1933 or other applicable 
           law or regulation (see Instruction C.6):           x 1/33 of 1%
                                                              ----------------

(vii)      Fee due [line (i) or line (v) multiplied 
           by line (vi)]:                                     $         -0-
                                                              ----------------


<PAGE>



Instruction:   issuers should  complete  lines,  (ii),  (iii),  (iv), and (v) 
               only if the form is being filed within 60 days after the close 
               of the issuer's fiscal year. See Instruction C.3.

13.        Check  box if fees are being  remitted  to the  Commission's  lockbox
           depository  as described in section 3a of the  Commission's  Rules of
           Informal and Other Procedures (17 CFR 202.3a).

                                       [ ]

           Date of mailing or wire  transfer or filing fees to the  Commission's
lockbox depository:



                                   SIGNATURES

This  report has been  signed  below by the  following  persons on behalf of the
issuer and in the capacities and on the dates indicated.



                                             By  /s/ C. Durso
                                                 C. Durso, Vice President and
                                                 Secretary



Date:  February 24, 1997


<PAGE>


                           KIRKPATRICK & LOCKHART LLP
                         1800 Massachusetts Avenue, N.W.
                           Washington, D.C. 20036-1800
Robert J. Zutz
(202) 778-9059
                                                              February 24, 1997


First Investors New York Insured Tax Free Fund, Inc.
95 Wall Street, 23rd Floor
New York, New York 10005

                  Re:  Rule 24f-2 Notice

Ladies and Gentlemen:

         First  Investors New York Insured Tax Free Fund, Inc. (the "Fund") is a
corporation  organized  under the laws of the State of Maryland.  We  understand
that  the  Fund is  about to file a Notice  pursuant  to Rule  24f-2  under  the
Investment  Company Act of 1940,  as amended  ("1940  Act"),  for the purpose of
making definite the number of shares that it has registered under the Securities
Act of 1933, as amended  ("1933  Act"),  and that it sold during its fiscal year
ended December 31, 1996.

         We have, as counsel, participated in various business and other matters
relating to the Fund. We have  examined  copies,  either  certified or otherwise
proved to be genuine,  of its Articles of Incorporation  and By-Laws,  as now in
effect,  and  certain  certificates  of  officers  of the  Fund  relating  to it
organization  and  operation,  and we generally  are familiar  with its business
affairs.  Based on the foregoing,  it is our opinion that shares of common stock
sold by the Fund during the fiscal year ended December 31, 1996 ("Shares"),  the
registration  of which  will be made  definite  by the  filing  of a Rule  24f-2
Notice, were legally issued, fully paid and nonassessable. We express no opinion
as to compliance with the 1933 Act, the 1940 Act or applicable  state securities
laws in connection with the sale of Shares.

         We hereby  consent to this opinion  accompanying  the Rule 24f-2 Notice
that you are about to file with the Securities and Exchange Commission.  We also
consent  to the  reference  to our firm in the  prospectus  filed as part of the
Fund's registration statement.

                                                     Very truly yours,

                                                     KIRKPATRICK & LOCKHART LLP

                                                     By/s/ Robert J. Zutz
                                                              Robert J. Zutz




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