INTERCAPITAL INSURED MUNICIPAL SECURITIES
Two World Trade Center
New York, New York 10048
February 24, 1994
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: InterCapital Insured Municipal Securities
File #33-50663
Rule 497j filing
Dear Sir/Madam:
On behalf of the Trust, the undersigned certifies that the
form of prospectus that would have been filed under Section 497(b)
if not filed via EDGAR, does not differ from that contained in the
text of the Trust's most recent registration statement that was
filed electronically via EDGAR with the Securities and Exchange
Commission on February 18, 1994.
Very truly yours,
/s/ Sheldon Curtis
Sheldon Curtis
Vice President
and Secretary
CE10\497j.94