INSURED MUNICIPALS INCOME TRUST 162ND INSURED MULTI SERIES
497, 1994-08-03
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                         Van Kampen Merritt Inc.
                           One Parkview Plaza
                    Oakbrook Terrace, Illinois  60181

                             August 3, 1994



Securities and Exchange Commission
450 fifth Street, N.W.
Washington, D.C.  20549-1004
Attn:  Filing Desk, Stop 1-4


     Re:Insured Municipals Income Trust, 162nd Insured Multi-Series
                   File No. 33-53613; CIK No. 897389

Ladies/Gentlemen:
     
     Pursuant to the requirements of Rule 497(d) of the General Rules and
Regulations of the Securities Act of 1933, we are submitting one copy  of
an amendment to the prospectus, in the form of a sticker, to be used with
respect to the above-captioned series.

                                    Very truly yours,



                                    Van Kampen Merritt inc.

Attachment

                       Supplement To The Prospectus

       Insured Municipals Income Trust, 162nd Insured Multi-Series

                            Dated June 16, 1994

In addition to the quantity discounts referred to in the attached prospectus,
anyone acquiring Units in New York IM-IT Intermediate Laddered Maturity,
Series 11 may aggregate such purchases with units purchased in Series 12 of
New York IM-IT Intermediate Laddered Maturity Trust if, and when, such units
become available for purchase. Should the aggregate number of units so
purchased in the two trusts qualify the person for a greater discount than
was available for the purchase of the Units in Series 11 alone, the Sponsor
shall reimburse such person for the difference between the sales charge paid
for the Units and the sales charge that would have been applicable on such
Units if the total number of units purchased in both Series 11 and 12 had
been purchased on the original date of acquisition of the Units.

Supplement Dated August 1, 1994


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