TO FIRST AMENDED AND RESTATED MASTER DISTRIBUTION AGREEMENT

                                                                EXHIBIT e (1)(c)

                                 AMENDMENT NO. 2
                                       TO
                           FIRST AMENDED AND RESTATED
                          MASTER DISTRIBUTION AGREEMENT

         The First Amended and Restated Master Distribution Agreement (the
"Agreement"), dated as of July 16, 2001, by and between AIM Variable Insurance
Funds, a Delaware business trust and A I M Distributors, Inc., a Delaware
corporation, is hereby amended as follows:

         Appendix A of the Agreement is hereby deleted in its entirety and
replaced with the following:

                                   "APPENDIX A

                                       TO

                           FIRST AMENDED AND RESTATED

                          MASTER DISTRIBUTION AGREEMENT

                                       OF

                          AIM VARIABLE INSURANCE FUNDS

SERIES I SHARES

AIM V.I. Aggressive Growth Fund
AIM V.I. Balanced Fund
AIM V.I. Basic Value Fund
AIM V.I. Blue Chip Fund
AIM V.I. Capital Appreciation Fund
AIM V.I. Capital Development Fund
AIM V.I. Core Equity Fund
AIM V.I. Dent Demographic Trends Fund
AIM V.I. Diversified Income Fund
AIM V.I. Global Utilities Fund
AIM V.I. Government Securities Fund
AIM V.I. Growth Fund
AIM V.I. High Yield Fund
AIM V.I. International Growth Fund
AIM V.I. Mid Cap Core Equity Fund
AIM V.I. Money Market Fund
AIM V.I. New Technology Fund
AIM V.I. Premier Equity Fund

SERIES II SHARES

AIM V.I. Aggressive Growth Fund
AIM V.I. Balanced Fund
AIM V.I. Basic Value Fund
AIM V.I. Blue Chip Fund
AIM V.I. Capital Appreciation Fund
AIM V.I. Capital Development Fund



AIM V.I. Core Equity Fund
AIM V.I. Dent Demographic Trends Fund
AIM V.I. Diversified Income Fund
AIM V.I. Global Utilities Fund
AIM V.I. Government Securities Fund
AIM V.I. Growth Fund
AIM V.I. High Yield Fund
AIM V.I. International Growth Fund
AIM V.I. Mid Cap Core Equity Fund
AIM V.I. Money Market Fund
AIM V.I. New Technology Fund
AIM V.I. Premier Equity Fund"

         All other terms and provisions of the Agreement not amended herein
shall remain in full force and effect.

Dated: May 1, 2002

                                               AIM VARIABLE INSURANCE FUNDS

Attest: /s/ Xxxxx X. Xxxxxx                    By: /s/ Xxxxxx X. Xxxxxx
        -----------------------------              -----------------------------
         Assistant Secretary                       President

                                               A I M DISTRIBUTORS, INC.

Attest: /s/ Xxxxx X. Xxxxxx                    By: /s/ Xxxxxxx X. Xxxx
        -----------------------------              -----------------------------
        Assistant Secretary                        President