Two-time NASCAR Cup Series champion Kyle Busch and his wife, Samantha Busch, have taken legal action against Pacific Life Insurance Company and its appointed agent, alleging they were misled into purchasing a series of Indexed Universal Life (IUL) insurance policies that were promoted as safe, tax-free retirement and future planning vehicles.

The lawsuit, seeking $8.5 million in damages, centers on the claim that the complexities, costs, and risks of the IUL policies were misrepresented, leading to devastating financial losses. The Busches have publicly stated that their primary motivation is to warn everyday Americans about what they describe as a “hidden insurance scam.”

The alleged $8.5 million financial setback

The complaint, filed in Lincoln County, North Carolina, alleges that th

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