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AIM VARIABLE INSURANCE FUNDS, INC.
AIM V.I. CAPITAL APPRECIATION FUND
AIM V.I. DIVERSIFIED INCOME FUND
AIM V.I. GLOBAL UTILITIES FUND
AIM V.I. GOVERNMENT SECURITIES FUND
AIM V.I. GROWTH FUND
AIM V.I. GROWTH AND INCOME FUND
AIM V.I. INTERNATIONAL EQUITY FUND
AIM V.I. MONEY MARKET FUND
AIM V.I. VALUE FUND
Supplement dated April 1, 1996
to the Prospectus dated May 1, 1995,
as reprinted December 4, 1995 and
as supplemented December 28, 1995
Effective April 1, 1996, Craig A. Smith became an additional person who is
primarily responsible for the day-to-day management of AIM V.I. Global Utilities
Fund. Mr. Smith is Vice President of A I M Capital Management, Inc., has been
associated with AIM since 1989, and has 6 years of experience as an investment
professional.
The last two sentences in the paragraph under the caption "INVESTMENT
OBJECTIVES AND PROGRAMS - AIM V.I. Growth and Income Fund," on page 7 are
replaced in their entirety by the following:
"The Fund seeks to achieve its objective by generally investing at least 65%
of its net assets in stocks of companies believed by management to have the
potential for above average growth in revenues and earnings. The Fund
generally will also invest at least 80% of its net assets in securities
which pay income to the Fund."