AMENDMENT NO. 18 TO MASTER DISTRIBUTION PLAN

AMENDMENT NO. 18
TO
MASTER DISTRIBUTION PLAN

     The Master Distribution Plan (the “Plan”), dated as of July 16, 2001, pursuant to Rule 12b-1, of AIM Variable Insurance Funds (Invesco Variable Insurance Funds), a Delaware statutory trust, is hereby amended as follows:

     WHEREAS, the parties desire to amend the Agreement to add the following portfolio: Invesco V.I. Balanced-Risk Allocation Fund;

NOW THEREFORE, Schedule A of the Plan is hereby deleted in its entirety and replaced with the following:

“SCHEDULE A
TO
MASTER DISTRIBUTION PLAN
OF
AIM VARIABLE INSURANCE FUNDS
(INVESCO VARIABLE INSURANCE FUNDS)

(Series II Shares)

(DISTRIBUTION FEE)

     The Fund shall pay the Distributor as full compensation for all services rendered and all facilities furnished under the Distribution Plan for each Portfolio (or Class thereof) designated below, a Distribution Fee determined by applying the annual rate set forth below as to each Portfolio (or Class thereof) to the average daily net assets of the Portfolio (or Class thereof) for the plan year, computed in a manner used for the determination of the offering price of shares of the Portfolio.

		Distribution
Portfolio:		Fee:
Invesco V.I. Balanced-Risk Allocation Fund			0.25	%
Invesco V.I. Basic Balanced Fund			0.25	%
Invesco V.I. Basic Value Fund			0.25	%
Invesco V.I. Capital Appreciation Fund			0.25	%
Invesco V.I. Capital Development Fund			0.25	%
Invesco V.I. Core Equity Fund			0.25	%
Invesco V.I. Diversified Income Fund			0.25	%
Invesco V.I. Dynamics Fund			0.25	%
Invesco V.I. Financial Services Fund			0.25	%
Invesco V.I. Global Health Care Fund			0.25	%
Invesco V.I. Global Multi-Asset Fund			0.25	%
Invesco V.I. Global Real Estate Fund			0.25	%
Invesco V.I. Government Securities Fund			0.25	%
Invesco V.I. High Yield Fund			0.25	%
Invesco V.I. International Growth Fund			0.25	%
Invesco V.I. Large Cap Growth Fund			0.25	%
Invesco V.I. Leisure Fund			0.25	%
Invesco V.I. Mid Cap Core Equity Fund			0.25	%
Invesco V.I. Money Market Fund			0.25	%
Invesco V.I. Small Cap Equity Fund			0.25	%
Invesco V.I. Technology Fund			0.25	%

		Distribution
Portfolio:		Fee:
Invesco V.I. Utilities Fund			0.25	%
Invesco V.I. Dividend Growth Fund			0.25	%
Invesco V.I. Global Dividend Growth Fund			0.25	%
Invesco V.I. High Yield Securities Fund			0.25	%
Invesco V.I. Income Builder Fund			0.25	%
Invesco V.I. S&P 500 Index Fund			0.25	%
Invesco V.I. Select Dimensions Balanced Fund			0.25	%
Invesco V.I. Select Dimensions Dividend Growth Fund			0.25	%
Invesco V.I. Select Dimensions Equally-Weighted S&P 500 Fund			0.25	%
▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ V.I. Capital Growth Fund			0.25	%
▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ V.I. ▇▇▇▇▇▇▇▇ Fund			0.25	%
▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ V.I. Equity and Income Fund			0.25	%
▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ V.I. Global Tactical Asset Allocation Fund			0.25	%
▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ V.I. Global Value Equity Fund			0.25	%
▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ V.I. Government Fund			0.25	%
▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ V.I. Growth and Income Fund			0.25	%
▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ V.I. High Yield Fund			0.25	%
▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ V.I. International Growth Equity Fund			0.25	%
▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ V.I. Mid Cap Growth Fund			0.25	%
▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ V.I. Mid Cap Value Fund			0.25	%
▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ V.I. Value Fund			0.25	%”

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

Dated: December 20, 2010

AIM VARIABLE INSURANCE FUNDS
(INVESCO VARIABLE INSURANCE FUNDS)
(on behalf of its Series II Shares)

Attest:

By:

Assistant Secretary

▇▇▇▇ ▇. ▇▇▇▇

Senior Vice President