FIRST INVESTORS LIFE SERIES FUND
SUPPLEMENT DATED OCTOBER 31, 2000 TO THE PROSPECTUS DATED APRIL 28, 2000.
The description of the Portfolio Managers for the Blue Chip Fund in the section
entitled "Fund Management" is hereby deleted and replaced with the following:
Dennis T. Fitzpatrick serves as Portfolio Manager of the Blue Chip Fund. Mr.
Fitzpatrick also manages other Funds. Prior to October 2000, he was the
Co-Portfolio Manager of each of these Funds. Mr. Fitzpatrick has been a member
of FIMCO's investment management team since 1995. During 1995, Mr. Fitzpatrick
was a Regional Surety Manager at United States Fidelity and Guaranty Co. From
1988 to 1995, he was Northeast Surety Manager at American International Group.
