NUVEEN INSURED TAX FREE BOND FUND INC
497, 1995-06-07
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                    NUVEEN INSURED TAX-FREE BOND FUND, INC.
                      Nuveen Insured Municipal Bond Fund
               Nuveen Massachusetts Insured Tax-Free Value Fund
                  Nuveen New York Insured Tax-Free Value Fund

                                  SUPPLEMENT
                     to Prospectus Dated September 6, 1994

Effective as of the date of this supplement, the Funds will neither impose any 
sales charge nor pay any reallowance to Authorized Dealers with respect to the 
purchase of Class A Shares in amounts of $7,500,000 and over.

June 7, 1995


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