Business Beat (The Times of Northport, February 8, 2007)
Select Life Settlement Corporation
291 Main Street, Northport • 631-239-6656

Select Life Settlement Corporation is located in a former home at 291 Main Street, next to the old trolleys tracks in Northport village (last used in 1924). They have reason to celebrate on this, their first anniversary in business. They have reached profitability by the conclusion of their first year. Select Life Settlement Corporation brokers seniors' unwanted or unneeded life insurance policies. In this transaction known as a life settlement, a policyholder receives a sum often significantly higher than the surrender value. A secondary market of banks, insurance companies and hedge funds are now willing to pay for policies that qualify.

Co-Managing Director Steve Shorrock was President of Bankers Life of New York in Woodbury and Chief Operating Officer of Improved Funding Techniques, then founded the firm a year ago.

Russel Dorsett, the other Co-Managing Director, has served as Managing Director and CEO of AIA Australia and AIA Superannuation Company, an Approved Trustee for Australian Retirement Plans.

For more information about a firm doing well in Northport, please contact Marketing Director Randy Vogt at 631-239-6656, randy@selectlife.net or visit us on the web at http://www.selectlife.net