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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 February 3, 1998
to the Prospectus dated May 1, 1997
as supplemented May 16, 1997
Charles D. Scavone has been added as a portfolio manager responsible
for the day-to-day management of the AIM V.I. CAPITAL APPRECIATION FUND
("Capital Appreciation Fund"). Mr. Scavone is Vice President of A I M Capital
Management, Inc. and has been responsible for the Capital Appreciation Fund
since January 1998. Mr. Scavone has been associated with AIM and/or its
subsidiaries since 1996 and has been an investment professional since 1991.
Prior to joining AIM, Mr. Scavone was Associate Portfolio Manager for Van Kampen
American Capital Asset Management, Inc. from 1994 to 1996. From 1991 to 1994, he
worked in the investments department at Texas Commerce Investment Management
Company, with his last position being Equity Research Analyst/Assistant
Portfolio Manager.
Monika H. Degan has been added as a portfolio manager responsible for
the day-to-day management of the AIM V.I. GROWTH FUND ("Growth Fund"). Ms. Degan
has been responsible for the Growth Fund since January 1998. Ms. Degan has been
associated with AIM and/or its subsidiaries since 1995 and has been an
investment professional since 1990.
Brant H. DeMuth has been added as a portfolio manager responsible for
the day-to-day management of the AIM V.I. GROWTH AND INCOME FUND ("Growth &
Income Fund"). Mr. DeMuth has been responsible for the Growth & Income Fund
since January 1998. Mr. DeMuth has been associated with AIM and/or its
subsidiaries since 1996 and has been an investment professional since 1987.
Prior to joining AIM, Mr. DeMuth was a portfolio manager for the Colorado Public
Employee Retirement Association from 1992 to 1996.
