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 want to thank you for your excellent professional representation. It was greatly appreciated.

Michael M.

LATEST NEWS AND ARTICLES

January 23, 2026
JPMorgan Explores Crypto Trading for Institutional Clients as Wall Street Deepens Digital Asset Push

JPMorgan is weighing another significant expansion into cryptocurrency, as the firm considers allowing institutional clients to trade digital assets, according to Bloomberg Law.

January 22, 2026
EC Zeroes In on Persistent Marketing Rule Failures With New Staff FAQs

The Securities and Exchange Commission (SEC) has sharpened its scrutiny of investment adviser marketing practices, signaling continued frustration with recurring compliance failures despite years of guidance and enforcement. As reported by Financial Advisor News, new staff FAQs published in January follow a December risk alert that deta...

January 21, 2026
New Investor Losses as Yieldstreet Rebrands to Willow Wealth

Yieldstreet, now operating under the name Willow Wealth, continues to report significant losses to investor clients despite a high-profile rebrand.