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<EXPENSE-RATIO> .85
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001002786
<NAME> TRANSAMERICA VARIABLE INSURANCE
FUND, INC. <SERIES>
<NUMBER> 002
<NAME> MONEY MARKET PORTFOLIO
<S> <C>
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DEC-31-1999 <PERIOD-START>
JAN-01-1999 <PERIOD-END>
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<INVESTMENTS-AT-VALUE> 18738680
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<NUMBER-OF-SHARES-SOLD> 149428213 <NUMBER-OF-
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</TABLE>
REPORT OF INDEPENDENT AUDITORS
To the Board of Directors of
Transamerica Variable Insurance Fund, Inc.
In planning and performing our audit of the financial statements
of Transamerica Variable Insurance Fund, Inc., (comprising
respectively, the Growth Portfolio and Money Market Portfolio)
(the "Funds") for the year ended December 31, 1999, we considered
its internal control structure, including procedures for
safeguarding securities, in order to determine our auditing
procedures for the purpose of expressing our opinion on the
financial statements and to comply with the requirements of Form N-
SAR, not to provide assurance on the internal control structure.
The management of Transamerica Variable Insurance Fund, Inc. is
responsible for establishing and maintaining an internal control
structure. In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected benefits
and related costs of internal control structure policies and
procedures. Two of the objectives of an internal control structure
are to provide management with reasonable, but not absolute,
assurance that assets are safeguarded against loss from unauthorized
use or disposition and that transactions are executed in accordance
with management's authorization and recorded properly to permit
preparation of financial statements in conformity with generally
accepted accounting principles.
Because of inherent limitations in any internal control structure,
errors or irregularities may occur and not be detected. Also,
projection of any evaluation of the structure to future periods is
subject to the risk that it may become inadequate because of changes
in conditions or that the effectiveness of the design and operations
may deteriorate.
Our considerations of the internal control structure would not
necessarily disclose all matters in the internal control structure
that might be material under standards established by the American
Institute of Certified Public Accountants. A material weakness is a
condition in which the design or operation of the specific internal
control structure element does not reduce to a relatively low level
the risk that errors or irregularities in amounts that would be
material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the
normal course of performing their assigned functions. However, we
noted no matters involving the internal control structure, including
procedures for safeguarding securities, that we consider to be
material weaknesses as defined above as of December 31, 1999.
This report is intended solely for the information and use of
management and the Securities and Exchange Commission.
Los Angeles, California
January 31, 2000
