AIM VARIABLE INSURANCE FUNDS INC
497, 2000-06-21
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<PAGE>   1
                          AIM VARIABLE INSURANCE FUNDS

                     AIM V.I. DENT DEMOGRAPHIC TRENDS FUND

                         Supplement dated June 21, 2000
                      to the Prospectus dated May 1, 2000


The following replaces in its entirety the information appearing under the
first paragraph located under the  "FUND MANAGEMENT - PORTFOLIO MANAGERS"
section on page 2 of the Prospectus:

o        "Edgar M. Larsen, Senior Portfolio Manager, who has been responsible
         for the fund since 1999 and has been associated with the advisor
         and/or its affiliates since 1996. From 1981 to 1996, he was, among
         other offices, Senior Vice President of John Hancock Advisers, Inc.
         and its predecessors.

o        Lanny H. Sachnowitz, Senior Portfolio Manager, who has been responsible
         for the fund since 1999 and has been associated with the advisor
         and/or its affiliates since 1987."








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