INTERCAPITAL INSURED MUNICIPAL INCOME TRUST
NSAR-A, 1996-06-27
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<PAGE>      PAGE  1
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001 A000000 INTERCAPITAL INSURED MUNICIPAL INCOME TRUST
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002 A000000 2 WORLD TRADE CENTER
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012 C020001 NJ
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013 A000001 PRICE WATERHOUSE LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
014 A000001 DEAN WITTER REYNOLDS INC.
014 B000001 8-14172
015 A000001 THE BANK OF NEW YORK
<PAGE>      PAGE  2
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022 A000001 MERRILL LYNCH, PIERCE,FENNER & SMITH INC.
022 B000001 13-5674085
022 C000001      7800
022 D000001      9595
022 A000002 MORGAN STANLEY & CO. INC.
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022 C000002      8100
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022 A000003 MORGAN KEEGAN & CO. INC.
022 B000003 64-0474907
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022 B000006 36-0899825
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<PAGE>      PAGE  3
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<PAGE>      PAGE  6
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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SIGNATURE   SHELDON CURTIS                               
TITLE       VP & GENERAL COUNSEL
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
INTERCAPITAL INSURED MUNICIPAL INCOME TRUST
04-31-1996  semi-annual
</LEGEND>
<CIK> 0000885601
<NAME> INTERCAPITAL INSURED MUNICIPAL INCOME TRUST
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-END>                               APR-30-1996
<INVESTMENTS-AT-COST>                      589,186,361
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<SHARES-COMMON-PRIOR>                       33,455,313
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<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                   (14,976,229)
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (15,192,195)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
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</TABLE>


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