The Junior Special Life Policy from Shelter Life Insurance Company provides term life insurance coverage for children from infancy through age 26. For a single premium payment of $555, it offers a $20,000 policy. Alternatively, the premium can be paid monthly for 12 months. The policy also includes a guaranteed insurability rider, allowing the insured to purchase additional permanent life insurance between ages 25-40 without a health exam. This ensures the ability to acquire life insurance even if health issues arise before age 26.