FIRST INVESTORS NEW YORK INSURED TAX FREE FUND, INC.
FIRST INVESTORS MULTI-STATE INSURED TAX FREE FUND
Supplement dated May 22, 1998
to Prospectus dated April 30, 1998
1. The name of Multi-State Insured on the back cover should read as follows:
First Investors Multi-State Insured Tax Free Fund.
2. Item No. (7) under "How to Buy Shares-Waivers of Class A Sales Charges" on
page 30 should read as follows:
(7) any purchase made during the period November 15, 1998 to February 28, 1999
with the proceeds from a redemption made after November 14, 1998 from the 3rd
Fund of First Investors U.S. Government Plus Fund;
3. The following sentence replaces the last two sentences of the last paragraph
under "Dividends and Other Distributions" on page 40:
Any subsequent dividend or other distribution will be reinvested in additional
shares of the distributing class at net asset value until the Fund receives new
instructions.
FIMSE598
<PAGE>
FIRST INVESTORS MULTI-STATE INSURED TAX FREE FUND
Supplement dated May 22, 1998
to Prospectus dated April 30, 1998
1. Item No. (7) under "How to Buy Shares-Waivers of Class A Sales Charges" on
page 27 should read as follows:
(7) any purchase made during the period November 15, 1998 to February 28, 1999
with the proceeds from a redemption made after November 14, 1998 from the 3rd
Fund of First Investors U.S. Government Plus Fund;
2. The following sentence replaces the last two sentences of the last paragraph
under "Dividends and Other Distributions" on page 36:
Any subsequent dividend or other distribution will be reinvested in additional
shares of the distributing class at net asset value until the Fund receives new
instructions.
FIMSW598
