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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1
UNDER THE INVESTMENT COMPANY ACT OF 1940.
VANGUARD VARIABLE INSURANCE FUND
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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 Valley Forge and the Commonwealth
of Pennsylvania on the 14th day of December, 1995.
VANGUARD VARIABLE INSURANCE FUND
By: /s/ RAYMOND J. KLAPINSKY
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Raymond J. Klapinsky
Senior Vice President and Secretary
