WACHOVIA VARIABLE INSURANCE FUNDS
N-18F1, 2000-03-27
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                                 N18F1FORM

                    SECURITIES AND EXCHANGE COMMISSION

                           WASHINGTON, DC 20549




                               FORM N-18F-1



              Notification of Election Pursuant to Rule 18f-1
                 Under the Investment Company Act of 1940




                   THE WACHOVIA VARIABLE INSURANCE FUNDS
                        (Exact Name of Registrant)


                         NOTIFICATION OF ELECTION

     The undersigned  registered open-end investment company hereby notifies the
Securities  and Exchange  Commission  that it elects to commit  itself to pay in
cash all  redemptions by a shareholder of record as provided by Rule 18f-1 under
the  Investment  Company Act of 1940.  It is  understood  that this  election is
irrevocable  while such Rule is in effect  unless the  Commission  by order upon
application permits the withdrawal of this Notification of Election.

                                    SIGNATURE

     Pursuant to the requirements of Rule 18f-1 under the Investment Company Act
of 1940,  the  Registrant  has caused this  Notification  of Election to be duly
executed  on its  behalf  in the  City of  Pittsburgh  and the  Commonwealth  of
Pennsylvania on the 16th day of March, 2000.

THE WACHOVIA VARIABLE INSURANCE FUNDS
(Name of Registrant)



By:  /s/Gail Cagney
     Gail Cagney
     Secretary

    Attorney In Fact
    for John W. McGonigle



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