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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 DaXD6j+VNJ60diIrZlGE6fg3xjQi/RiZnukNpE9ZOjfrU19Fy7Jp0gd8x5oXAYSO
 1cKVOBbheNUu1bEmX+VK3g==

<SEC-DOCUMENT>0000950130-99-006905.txt : 19991208
<SEC-HEADER>0000950130-99-006905.hdr.sgml : 19991208
ACCESSION NUMBER:		0000950130-99-006905
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19991207

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MUNIYIELD NEW YORK INSURED FUND INC
		CENTRAL INDEX KEY:			0000882150
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				223144223
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	333-88423
		FILM NUMBER:		99769910

	BUSINESS ADDRESS:	
		STREET 1:		800 SCUDDERS MILL RD
		CITY:			PLAINSBORO
		STATE:			NJ
		ZIP:			08536
		BUSINESS PHONE:		6092822800

	MAIL ADDRESS:	
		STREET 1:		PO BOX 9011
		STREET 2:		C/O MERRILL LYNCH ASSET MANAGEMENT
		CITY:			PRINCETON
		STATE:			NJ
		ZIP:			08543-9011

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEW YORK MUNIYIELD FUND INC
		DATE OF NAME CHANGE:	19600201
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<DESCRIPTION>MUNIYIELD NEW YORK INSURED FUND, INC.
<TEXT>

<PAGE>

                      MUNIYIELD NEW YORK INSURED FUND, INC.

                    MUNIYIELD NEW YORK INSURED FUND II, INC.


          SUPPLEMENT DATED DECEMBER 7, 1999 TO THE PROXY STATEMENT AND
                        PROSPECTUS DATED NOVEMBER 9, 1999

         The information regarding the New York Stock Exchange ticker symbols
for the common stock of each of the funds was incorrectly stated on page 2 of
the Proxy Statement and Prospectus. The correct ticker symbols are "MYN" for
MuniYield New York Insured Fund, Inc. and "MYT" for MuniYield New York Insured
Fund II, Inc. After the Reorganization, the Common Stock of the surviving fund,
MuniYield New York Insured Fund, Inc., will continue to be listed on the New
York Stock Exchange under the symbol "MYN."

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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