AIM VARIABLE INSURANCE FUNDS INC
497, 2000-04-20
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                       AIM VARIABLE INSURANCE FUNDS, INC.

                     AIM V.I. GLOBAL GROWTH AND INCOME FUND

                       Supplemented dated April 20, 2000
                   to the Prospectus dated February 16, 2000
               as supplemented March 13, 2000 and March 17, 2000

Effective April 20, 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      Monika H. Degan, Senior Portfolio Manager, who has been
                  responsible for the fund since 2000 and has been associated
                  with the advisor and/or its affiliates since 1995. From 1991
                  to 1995, Ms. Degan was a Senior Financial Analyst for Shell
                  Oil Co. Pension Trust.

           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      A. Dale Griffin, III, Senior Portfolio Manager, who has been
                  responsible for the fund since 2000 and has been associated
                  with the advisor and/or its affiliates since 1989.

           o      Benjamin A. Hock, Jr., 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 1994
                  to 1999, he was, among other offices, head of equity research
                  at John Hancock Advisors, Inc.

           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      Clas G. Olsson, Senior Portfolio Manager, who has been
                  responsible for the fund since 2000 and has been associated
                  with the advisor and/or its affiliates since 1994.

           o      Lanny H. Sachnowitz, Senior Portfolio Manager, who has
                  been responsible for the fund since 2000 and has been
                  associated with the advisor and/or its affiliates since 1987.

           o      Jonathan C. Schoolar, Senior Portfolio Manager, who has
                  been responsible for the fund since 2000 and has been
                  associated with the advisor and/or its affiliates since 1986.

           o      Barrett K. Sides, Portfolio Manager, who has been
                  responsible for the fund since 2000 and has been associated
                  with the advisor and/or its affiliates since 1990."




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