Rule 24f-2 Notice for First Investors Life Level Premium Variable Life
Insurance ("Registrant")
95 Wall Street, New York, New York 10005
1933 Act No. 2-98410; 1940 Act No. 811-4328
NOTICE IS HEREBY GIVEN that the Registrant having previously filed in
its registration statement a declaration that an indefinite number of its
securities (the "Securities") were being registered pursuant to Rule 24f-2
(the "Rule") of the Investment Company Act of 1940, now elects to continue
such indefinite registration and provides the following information:
(i) the fiscal year for which this notice is filed is: 1994
(ii) the amount of Securities which had been registered other than
pursuant to the Rule, but which remained unsold at the beginning of the above
fiscal year were as follows: None
(iii) the amount of Securities registered other than pursuant to the
Rule during the above fiscal year were as follows: None
(iv) the amount of Securities sold during the above fiscal year were
as follows: $26,505,454
(v) the amount of Securities sold during the above fiscal year in
reliance upon registration pursuant to the Rule were as follows*: $26,505,454
Pursuant to the requirements of the Investment Company Act of 1940, the
undersigned has caused this Notice to be signed on behalf of the Registrant
this 21st day of February, 1995
FIRST INVESTORS LIFE INSURANCE COMPANY
By: /s/ Richard H. Gaebler
Richard H. Gaebler, President
* The calculation of the aggregate sales price is made pursuant to the Rule
as follows:
<TABLE>
<CAPTION>
Value of Value of
Securities Sold Securities Redeemed Net Filing Fee
<C> <C> <C> <C>
$26,505,454 $10,778,562 $15,726,892 $5,423.10
</TABLE>
<PAGE>
Law Offices of ROBERT J. GROSSO
95 Wall Street 10 Woodbridge Center Drive
23rd Floor 3rd Floor
New York, NY 10005 Woodbridge, NJ 07095
(212) 858-8121 (908) 855-2500
Telecopier (212) 858-8119 All Replies to New York Office
Member of the Bar
In New York and New Jersey
February 21, 1995
First Investors Life
Insurance Company
95 Wall Street
New York, New York 10005
Gentlemen:
I am familiar with the proceedings taken on behalf of First Investors
Life Level Premium Variable Life Insurance (the "Separate Account") in
registering with the Securities and Exchange Commission an indefinite number
of Individual Variable Life Insurance Policies (the "Policies") and the
registration statement covering the Policies.
I have examined such records of the Separate Account, certificates of
public officials and other documents and such questions of law as I have
considered necessary as a basis for this opinion. Based on such examination,
I am of the opinion that the Policies of the Separate Account sold during
1994 are legally issued, fully paid and, except for the payment of premiums
when due, non-assessable.
This opinion letter is governed by, and shall be interpreted in
accordance, with the Legal Opinion Accord of the ABA Section of Business Law
(1991). The law covered by the opinions expressed herein is limited to the
Federal law of the United States and the law of the State of New York.
I hereby consent to the filing of this opinion as an exhibit to the
report of the Separate Account made pursuant to Rule 24f-2 of the Investment
Company Act of 1940, as amended.
Very truly yours,
/s/Rober J. Grosso
Robert J. Grosso
