FIRST INVESTORS NEW YORK INSURED TAX FREE FUND, INC.
FIRST INVESTORS MULTI-STATE INSURED TAX FREE FUND
SUPPLEMENT DATED FEBRUARY 19, 1999
TO STATEMENT OF ADDITIONAL INFORMATION DATED APRIL 30, 1998
The following paragraph replaces the existing section entitled "Purchase of
Shares" on page 74:
PURCHASE OF SHARES. When you open a Fund account, you must specify which
class of shares you wish to purchase. If you do not specify which class of
shares you wish to purchase, Class A shares will automatically be purchased for
you. See the Shareholder Manual for more information on the purchase and sale of
Fund shares.
MSSAI299
