FIRST INVESTORS LIFE LEVEL PREMIUM VARIABLE LIF INS SEP AC B
497, 1998-07-07
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                       FIRST INVESTORS LIFE LEVEL PREMIUM
                             VARIABLE LIFE INSURANCE
                              (SEPARATE ACCOUNT B)
                         SUPPLEMENT DATED JULY 13, 1998
                       TO PROSPECTUS DATED APRIL 30, 1998


The following  sentence  replaces the first sentence under  "Optional  Insurance
Benefits-12 YEAR LEVEL TERM RIDER" on page 30:


The 12 Year Level Term  Insurance  rider is available at issue ages 18 to 58 for
an amount  equal to (a) the Policy  face amount or (b) two times the Policy face
amount.


SEPB798




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