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AIM VARIABLE INSURANCE FUNDS, INC.
AIM V.I. VALUE FUND
Supplemented dated October 1, 1999
to the Prospectus dated May 3, 1999
The fourth paragraph under the "INVESTMENT OBJECTIVE AND STRATEGIES" section on
page 1 of the prospectus is deleted and replaced with the following:
"In anticipation of or in response to adverse market conditions, for
cash management purposes, or for defensive purposes, the fund may temporarily
hold all or a portion of its assets in cash, money market instruments, shares
of affiliated money market funds, bonds or other debt securities. As a result,
the fund may not achieve its investment objectives."
