When you purchase a Protective Life insurance policy, you can set up a legacy for your children and grandchildren with a few easy steps. No need to create a trust or any other complicated methods. The following table shows examples of the monthly premiums needed to create a GrandLegacy for children and grandchildren. For example, if the client in the chart below chooses a $250,000 lump sum death benefit for her child and an annual gift of $10,000 for her grandchild per year for 20 years, her monthly premium for a Centennial G II UL policy with the Income Provide Option would be $510. Create your GrandLegacy Choose Your Child's Inheritance Amount (in a lump sum death benefit) Choose the Annual Gift Amount for your Grandchildren (for 20 years) $5,000 $10,000 $20,000 $30,000 $40,000 $50,000 Monthly Premium Monthly Premium Monthly Premium Monthly Premium Monthly Premium Monthly Premium $100,000 $235 $330 $500 $682 $865 $1,048 $250,000 $419 $510 $693 $875 $1,058 $1,241 $500,000 $740 $832 $1014 $1,197 $1,376 $1,558 Hypothetical client is a 60 year old female, non-tobacco, purchasing a Protective Centennial G II UL policy with the Income Provider Option endorsement. (Premiums will vary based on age, gender, underwriting class, and length of Income Provider Option income stream.) The premiums reflected are for illustration purposes only. Premiums will vary based on age, gender, underwriting class, and length of Income Provider Option income stream. For a current illustration, please contact your agent or Protective Life Insurance Company. Protective Centennial G II ULSM, policy form UL-15 and state variations thereof, is a flexible premium universal life insurance policy issued by Protective Life Insurance Company Birmingham, AL. Product features and availability may vary by state. Consult policy for benefits, riders, limitations, and exclusions. Policy is subject to underwriting, and up to a two-year contestable and suicide period. Policies may not be available in all states. Benefits adjusted for misstatements of age or sex. In Montana, unisex benefits and rates will apply. Income Provider Option (UL-E35) is issued by Protective Life Insurance Company. Actual terms and conditions contained in the product policy and the endorsement govern benefits provided. A portion of periodic payments may be reported as taxable income to the beneficiary. Consumers should consult their attorney or tax advisor regarding their individual situations. Please see the endorsement for more detailed information. May not be available in all states or on all currently-marketed UL products. State variations may apply. All payments and all guarantees are subject to the claims-paying ability of Protective Life Insurance Company.