FIRST INVESTORS LIFE SERIES FUND, 497, 1995-10-25

FIRST INVESTORS LIFE SERIES FUND
497, 1995-10-25

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                        FIRST INVESTORS LIFE SERIES FUND
                Supplement to Prospectus dated October 13, 1995


     On October 30, 1995, Clark D. Wagner, Chief Investment Officer of FIMCO,
became primarily responsible for the day-to-day management of the Government
Series and Target Maturity 2007 Series.  Mr. Wagner joined FIMCO in 1991 as
Portfolio Manager for all of First Investors municipal bond funds.  As of
October 30, 1995, Mr. Wagner also assumed the primary responsibility for the
day-to-day management of First Investors Government Fund, Inc. and the U.S.
Government and mortgage-backed securities portion of the Total Return Series
of First Investors Series Fund.  Prior to joining FIMCO, Mr. Wagner was a Vice
President at General Electric Investment Corporation from 1988-1991, where he
managed a tax exempt portfolio.


                                             November 1, 1995

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