AIM VARIABLE INSURANCE FUNDS INC
497, 2000-02-25
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                       AIM VARIABLE INSURANCE FUNDS, INC.

                            AIM V.I. HIGH YIELD FUND

                      Supplement dated February 25, 2000
                    to the Prospectus dated February 16, 2000


The following replaces in its entirety the information appearing under the
heading "FUND MANAGEMENT - PORTFOLIO MANAGERS" on page 3 of the Prospectus:


         "The advisor uses a team approach to investment management. The
         individual members of the team who are primarily responsible for the
         day-to-day management of the fund's portfolio, all of whom are officers
         of A I M Capital Management, Inc., a wholly owned subsidiary of the
         advisor, are

         o        Robert G. Alley, Senior Portfolio Manager, who has been
                  responsible for the fund since 2000 and has been associated
                  with the advisor and/or its affiliates since 1992.

         o        Jan H. Friedli, Portfolio Manager, who has been responsible
                  for the fund since 2000 and has been associated with the
                  advisor and/or its affiliates since 1999. From 1997 to 1999,
                  he was global fixed-income portfolio manager for
                  Nicholas-Applegate Capital Management. From 1994 to 1997, he
                  was international fixed-income trader and analyst for Strong
                  Capital Management.

         o        Carolyn L. Gibbs, Senior Portfolio Manager, who has been
                  responsible for the fund since 2000 and has been associated
                  with the advisor and/or its affiliates since 1992.

         o        Craig A. Smith, Senior Portfolio Manger, who has responsible
                  for the fund since 2000 and has been associated with the
                  advisor and/or is affiliates since 1989."




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