FORM N-SAR-U
ANNUAL REPORT
FOR UNIT INVESTMENT TRUSTS
Report for six month period ending: / / (a)
or fiscal year ending: 12/31/99 (b)
Is this a transition report?:(Y/N) N
---------
Is this an amendment to a previous N
filing? (Y/N) ---------
Those items or sub-items with a box "[/] " after the item number should be
completed only if the answer has changed from the previous filing on this form.
1. A. Registrant Name: First Investors Life Level Premium Variable Life
Insurance (Separate Account B)
B. File Number: 811-4328
C. Telephone (212) 858-8200
Number:
2. A. Street: 95 Wall Street
B. City: New York C. State: New York D. Zip Code: 10005 Zip Ext:
E. Foreign Country: Foreign Postal
Code:
3. Is this the first filing on this form by N
Registrant? (Y/N) -----
4. Is this the last filing on this form by N
Registrant? (Y/N) -----
5. Is Registrant a small business investment N
company (SBIC)? (Y/N) -----
[If answer is "Y" (Yes), complete only
items 89 through 110.]
6. Is Registrant a unit investment trust (UIT)? Y
(Y/N) -----
[If answer is "Y" (Yes), complete only items
111 through 132.]
7. A. Is Registrant a series or multiple portfolio -----
company? (Y/N)
[If answer is "N" (No), go to item 8.]
B. How many separate series or portfolios did -----
Registrant have at the end of the period?
<PAGE>
-----------------------
For period ending 12/31/99 If filing more than one
Page 50, "X" box: [ ]
File number 811-4328 -----------------------
123. [/] State the total value of the additional units
considered in answering item 122 ($000's omitted) $ 46,590
124. [/] State the total value of units of prior series
that were placed in the portfolios of subsequent
series during the current period (the value of
these units is to be measured on the date they
were placed in $ the subsequent series) ($000's
omitted) $_________
125. [/] State the total dollar amount of sales loads
collected (before reallowances to other brokers
or dealers) by Registrant's principal underwriter
and any underwriter which is an affiliated person
of the principal underwriter during the current
period solely from the sale of units of all
series of Registrant ($000's omitted) $ 10,592
126. Of the amount shown in item 125, state the total
dollar amount of sales loads collected from secondary
market operations in Registrant's units (include the
sales loads, if any, collected on units of a prior
series $ placed in the portfolio of a subsequent
series.) ($000's omitted) $_________
127. List opposite the appropriate description below the
number of series whose portfolios are invested
primarily (based upon a percentage of NAV) in each
type of security shown, the aggregate total assets at
market value as of a date at or near the end of the
current period of each such group of series and the
total income distributions made by each such group of
series during the current period (excluding
distributions of realized gains, if any):
<TABLE>
<CAPTION>
Number of Total Assets Total Income
Series ($000's Distributions
Investing omitted (000's omitted)
--------- ------------ ----------------
<S> <C> <C> <C>
A. U.S. Treasury direct issue --------- $ --------- $ ---------
B. U.S. Government agency --------- $ --------- $ ---------
C. State and municipal tax-free --------- $ --------- $ ---------
D. Public utility debt --------- $ --------- $ ---------
E. Brokers or dealers debt or debt of
brokers' or dealers' parent --------- $ --------- $ ---------
F. All other corporate intermed. &
long-term debt --------- $ --------- $ ---------
<PAGE>
G. All other corporate short-term debt --------- $ --------- $ ---------
H. Equity securities of brokers or
dealers or parents of brokers or
dealers --------- $ --------- $ ---------
I. Investment company equity securities 1 $ 280,360 $ 7,858
--------- --------- ---------
J. All other equity securities --------- $ --------- $ ---------
K. Other securities --------- $ --------- $ ---------
L. Total assets of all series of $ 280,360
registrants --------- --------- $ ---------
</TABLE>
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For period ending 12/31/99 If filing more than one
Page 50, "X" box: [ ]
File number 811-4328 -----------------------
128. [/] Is the timely payment of principal and interest
on any of the portfolio securities held by any of
Registrant's series at the end of the current
period insured or guaranteed by an entity other -------
than the issuer? (Y/N) Y/N
129. [/] Is the issuer of any instrument covered in item
128 delinquent or in default as to payment of
principal or interest at the end of the current
period? (Y/N) -------
Y/N
[If answer is "N" (No), go to item 131.]
130. [/] In computations of NAV or offering price per
unit, is any part of the value attributed to
instruments identified in item 129 derived from -------
insurance or guarantees? (Y/N) Y/N
[If answer is "N" (No), go to item 131.]
131. Total expenses incurred by all series of Registrant $ 3,749
during the current reporting period ($000's omitted) -------
132. [/] List the "811" (Investment Company Act of 1940)
registration number for all Series of Registrant
that are being included in this filing
811-______ 811-______ 811-______ 811-______ 811-______
811-______ 811-______ 811-______ 811-______ 811-______
811-______ 811-______ 811-______ 811-______ 811-______
<PAGE>
This report is signed on behalf of the depositor in the City and State of
New York on the 28th day of February, 2000.
FIRST INVESTORS LIFE INSURANCE COMPANY
Depositor
Witness /s/ Ada M. Suchow By /s/ William H. Drinkwater
------------------------- -------------------------
Ada M. Suchow William H. Drinkwater
Vice President and President
Assistant Secretary
