-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 DldZMzCf+f1z+U2ddKV17Q+BFH7zCh3DR7sqtpa6G7rItCwq+TRdKkP+4XDQ53lV
 nZeZd174UYvnAQBwWR6+Yw==

<SEC-DOCUMENT>0001067621-08-000021.txt : 20080616
<SEC-HEADER>0001067621-08-000021.hdr.sgml : 20080616
<ACCEPTANCE-DATETIME>20080616111522
ACCESSION NUMBER:		0001067621-08-000021
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20080616
DATE AS OF CHANGE:		20080616
GROUP MEMBERS:		ANDREW DAKOS
GROUP MEMBERS:		PHILLIP GOLDSTEIN
GROUP MEMBERS:		RAJEEV DAS
GROUP MEMBERS:		THOMAS ANTONUCCI

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INSURED MUNICIPAL INCOME FUND INC
		CENTRAL INDEX KEY:			0000897802
		IRS NUMBER:				133702911
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-60797
		FILM NUMBER:		08899702

	BUSINESS ADDRESS:	
		STREET 1:		C/O UBS GLOBAL ASSET MANAGEMENT (US) INC
		STREET 2:		51 WEST 52ND ST.
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212 882 5575

	MAIL ADDRESS:	
		STREET 1:		C/O UBS GLOBAL ASSET MANAGEMENT (US) INC
		STREET 2:		51 WEST 52ND ST.
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PAINEWEBBER PREMIER INSURED MUNICIPAL INCOME FUND INC
		DATE OF NAME CHANGE:	19930714

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GOLDSTEIN PHILLIP
		CENTRAL INDEX KEY:			0001067621

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		9147475262

	MAIL ADDRESS:	
		STREET 1:		60 HERITAGE DRIVE
		CITY:			PLEASANTVILLE
		STATE:			NY
		ZIP:			10570
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>thirda.txt
<TEXT>
DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
6/16/08
1. NAME OF REPORTING PERSON
Bulldog Investors, Phillip Goldstein and Andrew Dakos
2. CHECK THE BOX IF MEMBER OF A GROUP 			a[ ]
      b[ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION USA
7. SOLE VOTING POWER
1,481,614
8. SHARED VOTING POWER
0
9. SOLE DISPOSITIVE POWER
1,481,614
10. SHARED DISPOSITIVE POWER
0
 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
1,481,614
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES []
13. PERCENT OF CLASS REPRESENTED BY ROW 11
7.18%
14. TYPE OF REPORTING PERSON
IA

ITEM 4. PURPOSE OF TRANSACTION
An affiliate of the filing persons are soliciting proxies for
the 2008 annual meeting in opposition to the Board of Directors.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
As per the N-CSR dated March 31, 2008 there were
20,628,363 shares of common stock outstanding. The percentage
set forth in item 5 was derived using such  number.
a) Bulldog Investors, Phillip Goldstein, and Andrew Dakos
beneficially own an aggregate of  1,481,614  shares of PIF or
7.18% of the outstanding shares.
b) Power to vote and dispose of securities resides either with
Mr. Goldstein or clients.
c) During the past 60 days the following shares of PIF were
purchased, unless previously reported (there were no sales):

Trade date	# shares	Price ($)
5/02/08		5,000		$12.71
5/06/08		5,500		$12.81
5/07/08		1,200		$12.77
5/08/08		4,000		$12.78
5/09/08		8,000		$12.79
5/12/08		12,600		$12.83
5/13/08		150,500		$12.89
5/16/08		7,500		$12.95
5/19/08		18,700		$13.05
5/21/08		4,400		$13.02
6/02/08		18,000		$12.99
6/03/08		14,000		$13.00
6/05/08		200		$13.00
6/09/08		11,600		$13.00
6/10/08		15,000		$12.97
6/11/08		15,000		$12.94
6/12/08		2,400		$12.88

d) Beneficiaries of managed accounts are entitled to receive any
dividends or sales proceeds.
e) NA


After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.

Dated: 6/16/08

By: /s/ Phillip Goldstein
Name:   Phillip Goldstein

By: /s/ Andrew Dakos
Name:	Andrew Dakos


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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