FIRST INVESTORS SERIES FUND
497, 1999-02-18
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                  FIRST INVESTORS INSURED TAX EXEMPT FUND, INC.
              FIRST INVESTORS INSURED INTERMEDIATE TAX EXEMPT FUND,
                                   A SERIES OF
                          FIRST INVESTORS SERIES FUND
                       SUPPLEMENT DATED FEBRUARY 19, 1999
           TO STATEMENT OF ADDITIONAL INFORMATION DATED APRIL 30, 1998


The following  paragraph  replaces the existing  section  entitled  "Purchase of
Shares" on pages 25-26:

     PURCHASE OF SHARES.  When you open a Fund  account,  you must specify which
class of shares  you wish to  purchase.  If you do not  specify  which  class of
shares you wish to purchase,  Class A shares will automatically be purchased for
you. See the Shareholder Manual for more information on the purchase and sale of
Fund shares.

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