<SEC-DOCUMENT>0001193125-17-278972-index.html : 20170907
<SEC-HEADER>0001193125-17-278972.hdr.sgml : 20170907
<ACCEPTANCE-DATETIME>20170907133316
ACCESSION NUMBER:		0001193125-17-278972
CONFORMED SUBMISSION TYPE:	N-CSRS
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20170630
FILED AS OF DATE:		20170907
DATE AS OF CHANGE:		20170907
EFFECTIVENESS DATE:		20170907

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ivy Variable Insurance Portfolios
		CENTRAL INDEX KEY:			0000810016
		IRS NUMBER:				481146010
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-CSRS
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05017
		FILM NUMBER:		171073479

	BUSINESS ADDRESS:	
		STREET 1:		6300 LAMAR AVENUE
		CITY:			OVERLAND PARK
		STATE:			KS
		ZIP:			66202
		BUSINESS PHONE:		9132362000

	MAIL ADDRESS:	
		STREET 1:		P O BOX 29217
		CITY:			SHAWNEE MISSION
		STATE:			KS
		ZIP:			66201-9217

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ivy Funds Variable Insurance Portfolios
		DATE OF NAME CHANGE:	20100301

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ivy Funds Variable Insurance Portfolios, Inc.
		DATE OF NAME CHANGE:	20080819

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	W&R TARGET FUNDS INC
		DATE OF NAME CHANGE:	20001026
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006224
<SERIES-NAME>Ivy VIP Asset Strategy
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017158
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000190645
<CLASS-CONTRACT-NAME>Class I
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006225
<SERIES-NAME>Ivy VIP International Core Equity
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017159
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006227
<SERIES-NAME>Ivy VIP Micro Cap Growth
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017161
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000190646
<CLASS-CONTRACT-NAME>Class I
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006228
<SERIES-NAME>Ivy VIP Mid Cap Growth
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017162
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000190647
<CLASS-CONTRACT-NAME>Class I
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006229
<SERIES-NAME>Ivy VIP Government Money Market
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017163
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006231
<SERIES-NAME>Ivy VIP Advantus Real Estate Securities
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017165
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006232
<SERIES-NAME>Ivy VIP Science and Technology
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017166
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000190648
<CLASS-CONTRACT-NAME>Class I
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006233
<SERIES-NAME>Ivy VIP Small Cap Growth
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017167
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006234
<SERIES-NAME>Ivy VIP Small Cap Core
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017168
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006235
<SERIES-NAME>Ivy VIP Balanced
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017169
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006236
<SERIES-NAME>Ivy VIP Value
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017170
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006237
<SERIES-NAME>Ivy VIP Bond
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017171
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006238
<SERIES-NAME>Ivy VIP Core Equity
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017172
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000184361
<CLASS-CONTRACT-NAME>Class I
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006239
<SERIES-NAME>Ivy VIP Dividend Opportunities
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017173
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006240
<SERIES-NAME>Ivy VIP Natural Resources
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017174
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006241
<SERIES-NAME>Ivy VIP Growth
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017175
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006242
<SERIES-NAME>Ivy VIP High Income
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017176
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000190649
<CLASS-CONTRACT-NAME>Class I
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000006243
<SERIES-NAME>Ivy VIP Global Growth
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000017177
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000011749
<SERIES-NAME>Ivy VIP Energy
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000032174
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000190650
<CLASS-CONTRACT-NAME>Class I
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000020588
<SERIES-NAME>Ivy VIP Pathfinder Aggressive
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000057543
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000020589
<SERIES-NAME>Ivy VIP Pathfinder Moderately Aggressive
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000057544
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000020590
<SERIES-NAME>Ivy VIP Pathfinder Moderate
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000057545
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000020591
<SERIES-NAME>Ivy VIP Pathfinder Moderately Conservative
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000057546
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000020592
<SERIES-NAME>Ivy VIP Pathfinder Conservative
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000057547
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000029765
<SERIES-NAME>Ivy VIP Global Bond
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000091475
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000029766
<SERIES-NAME>Ivy VIP Limited-Term Bond
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000091476
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000041732
<SERIES-NAME>Ivy VIP Pathfinder Moderate - Managed Volatility
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000129560
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000041733
<SERIES-NAME>Ivy VIP Pathfinder Moderately Aggressive - Managed Volatility
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000129561
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000810016
<SERIES-ID>S000041734
<SERIES-NAME>Ivy VIP Pathfinder Moderately Conservative - Managed Volatility
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000129562
<CLASS-CONTRACT-NAME>Class II
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSRS
<SEQUENCE>1
<FILENAME>d280348dncsrs.htm
<DESCRIPTION>IVY FUNDS VARIABLE INSURANCE PORTFOLIOS
<TEXT>
Document 1 - file: d280348dncsrs.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.CERT <SEQUENCE>2 <FILENAME>d280348dex99cert.htm <DESCRIPTION>CERTIFICATIONS <TEXT> Document 2 - file: d280348dex99cert.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.906CERT <SEQUENCE>3 <FILENAME>d280348dex99906cert.htm <DESCRIPTION>CERTIFICATIONS <TEXT> Document 3 - file: d280348dex99906cert.htm
</DOCUMENT> <DOCUMENT> <TYPE>N-CSRS <SEQUENCE>4 <FILENAME>d280348dncsrs1.pdf <DESCRIPTION>PDF OF SHAREHOLDER REPORT <TEXT> Document 4 - file: d280348dncsrs1.pdf
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>5 <FILENAME>g280348g78j01.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 5 - file: g280348g78j01.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>6 <FILENAME>g280348g96v71.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 6 - file: g280348g96v71.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>7 <FILENAME>g280348ivyinvestlogo107.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 7 - file: g280348ivyinvestlogo107.jpg
</DOCUMENT> </SEC-DOCUMENT>