Kyle Busch Alleges Considerable Losses in Indexed Universal Life (IUL) Scheme

Posted on November 24th, 2025 at 11:49 AM
Kyle Busch Alleges Considerable Losses in Indexed Universal Life (IUL) Scheme

From the desk of Jim Eccleston at Eccleston Law

Kyle Busch, a two-time NASCAR Cup Series champion, and his wife Samantha announced that they lost more than $8.6 million in what they describe as a “devastating financial scheme” involving an Indexed Universal Life (IUL) insurance policy. InvestmentNews reports that in a public statement, the couple accused Pacific Life and one of its agents of promoting a series of complex IUL policies as “tax-free retirement plans” that were portrayed as safe, self-funding investment strategies.

According to the complaint, the defendants allegedly presented misleading illustrations, concealed charges, and gave assurances of guaranteed multipliers and controllable costs to persuade the Busch family to pay more than $10.4 million in premiums. The filing states that those representations left the couple with net out-of-pocket losses exceeding $8.58 million. Pacific Life told the Associated Press that it does not comment on individual client matters to protect customer privacy, according to InvestmentNews.

The dispute centers on an IUL product that combines traditional life insurance with a cash-value component tied to a market index. The policies typically are marketed with features designed to buffer policyholders from market losses. InvestmentNews reports that the Busch couple chose to go public to highlight the issue.

 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

Tags: eccleston, eccleston law

Return to Archive

TESTIMONIALS

Previous
Next

I learned two important things working with Eccleston Law. First, I made a friend and ally with Jim and Steph for life. Secondly, and this is a crucial life lesson - if you need counsel, then seek out the very best. Jim was referred to me by a most trusted source. I've never had to hire an attorney for anything. Now, I know the value of hiring an important partner. Meticulous, thorough and detailed in preparation is the best way to describe Jim. Brilliant too, I might add. Bottom line, I would highly highly recommend Jim and Stephany for your legal needs. One of the best life decisions I've ever made.

Howard S.

LATEST NEWS AND ARTICLES

December 22, 2025
FINRA Overhauls Arbitration Rules to Rebalance Arbitrator Selection and Codify Forum Practices

The Financial Industry Regulatory Authority (FINRA) has approved significant amendments to its Codes of Arbitration Procedure designed to rebalance public arbitrator selection, increase transparency, and formalize several long-standing practices in the arbitration forum.

December 19, 2025
Industry Groups Press Senate at Advance Financial Exploitation Prevention Act

Several industry associations are urging the U.S. Senate to pass the Financial Exploitation Prevention Act, legislation that would allow mutual fund companies and their transfer agents to delay redemptions when they reasonably suspect elder financial abuse.

December 18, 2025
UBS Warns of Rising Default Risk in Private Credit

A UBS report signals that credit stress likely will intensify next year as borrowers confront inflation, elevated interest costs, and softening consumer conditions.