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AIM VARIABLE INSURANCE FUNDS, INC.
AIM V.I. AGGRESSIVE GROWTH FUND
AIM V.I. BALANCED FUND
AIM V.I. CAPITAL APPRECIATION FUND
AIM V.I. CAPITAL DEVELOPMENT 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 & INCOME FUND
AIM V.I. HIGH YIELD FUND
AIM V.I. INTERNATIONAL EQUITY FUND
AIM V.I. MONEY MARKET FUND
AIM V.I. VALUE FUND
Supplement dated April 1, 1999
to the Prospectus dated May 1, 1998,
as supplemented July 1, 1998, October 2, 1998,
October 5, 1998, January 4, 1999 and March 17, 1999
The following paragraph replaces in its entirety the third full paragraph on
page 21 under the heading "MANAGEMENT - PORTFOLIO MANAGEMENT":
Brant H. DeMuth and Lanny H. Sachnowitz are primarily responsible
for day-to-day management of the GROWTH & INCOME FUND'S portfolio
securities. Mr. DeMuth has been responsible for the Fund since
1998. He has been associated with AIM and/or its subsidiaries
since 1996 and has been an investment professional since 1987.
Prior to 1996, he was a portfolio manager for the Colorado Public
Employee Retirement Association from 1992 to 1996. Mr. Sachnowitz
is Vice President of AIM Capital and has been responsible for the
Fund since its inception in 1994. He has been an investment
professional since 1987 and has been associated with AIM and/or
its subsidiaries since 1987.