AIM VARIABLE INSURANCE FUNDS INC
497, 2000-04-19
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                       AIM VARIABLE INSURANCE FUNDS, INC.

                        AIM V.I. AGGRESSIVE GROWTH FUND
                             AIM V.I. BALANCED FUND
                            AIM V.I. BLUE CHIP FUND
                       AIM V.I. CAPITAL APPRECIATION FUND
                       AIM V.I. CAPITAL DEVELOPMENT FUND
                     AIM V.I. DENT DEMOGRAPHIC TRENDS FUND
                        AIM V.I. DIVERSIFIED INCOME FUND
                     AIM V.I. GLOBAL GROWTH AND 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. HIGH YIELD FUND
                       AIM V.I. INTERNATIONAL EQUITY FUND
                           AIM V.I. MONEY MARKET FUND
                        AIM V.I. TELECOMMUNICATIONS FUND
                              AIM V.I. VALUE FUND

                        Supplement dated April 19, 2000
                   to the Prospectus dated February 16, 2000
                       as supplemented February 25, 2000,
                       March 13, 2000 and March 17, 2000

Effective April 19, 2000, the following replaces in its entirety the table
under the section "FUND MANAGEMENT: PORTFOLIO MANAGERS - AIM V.I.
TELECOMMUNICATIONS FUND" on page 24 of the Prospectus:


          "o    David P. Barnard, Senior Portfolio Manager, who has been
                responsible for the fund since 1999 and has been associated
                with the advisor and/or its affiliates since 1982.

           o    Claude C. Cody IV, Senior Portfolio Manager, who has been
                responsible for the fund since 1999 and has been associated
                with the advisor and/or its affiliates since 1992.

           o    Abel Garcia, Senior Portfolio Manager, who has been responsible
                for the fund since 2000 and has been associated with the
                advisor and/or its affiliates since 2000. From 1984 to 2000,
                Mr. Garcia was a Senior Portfolio Manager for Waddell & Reed.

           o    Jason T. Holzer, Portfolio Manager, who has been responsible
                for the fund since 2000 and has been associated with the
                advisor and/or its affiliates since 1996. From 1994 to 1996, he
                was an associate with JMB Realty.

           o    Robert M. Kippes, Senior Portfolio Manager, who has been
                responsible for the fund since 1999 and has been associated
                with the advisor and/or its affiliates since 1989.

           o    Jonathan C. Schoolar, Senior Portfolio Manager, who has been
                responsible for the fund since 1999 and has been associated
                with the advisor and/or its affiliates since 1986.

           o    Kenneth A. Zschappel, Senior Portfolio Manager, who has been
                responsible for the fund since 1999 and has been associated
                with the advisor and/or its affiliates since 1990."



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