Kyle Larson Wins NASCAR Title
Digest more
The two-time NASCAR Cup champion alleges a misrepresented life insurance scheme wiped out his investment in barely over a year.
NASCAR champion Kyle Busch is suing Pacific Life over an alleged insurance scheme that he said cost his family $8.5 million in losses from misrepresented retirement policies.
Kyle Busch has long been known as one of NASCAR’s fiercest competitors. He’s someone who never backs down, whether it’s a challenge or a feud.
2don MSN
NASCAR driver Kyle Busch sues insurance company for $8.5 million, alleging deceptive practices
Kyle Busch bought what he thought was a safe life insurance plan that would provide self-funding income for his retirement. When Pacific Life Insurance Company sent a sixth premium notice on what was supposed to be a five-year payment plan — and most of the money he invested was gone — the two-time NASCAR Cup Series champion
NASCAR legend Kyle Busch and his wife Samantha sue Pacific Life for $8.5 million, claiming they were misled into a risky retirement plan that caused significant financial losses.
The two-time Cup champion and his wife claim they were victims of a deceptive Indexed Universal Life insurance scheme.
Kyle Busch’s reaction was predictable. “Gee, what do you know? Kyle Busch isn’t winning—let’s open it back up, OK?” was Busch’s tongue-in-cheek response when asked about the expanded eligibility rules next year for what will be the NASCAR O’Reilly Auto Parts Series and for the NASCAR Craftsman Truck Series.
Kyle Busch touched upon his Talladega Superspeedway gamble and revealed how it backfired. Speaking about the race, the Richard Childress Racing driver stated that he wanted to forget what happened on Sunday and focus on the remaining two races to end his season on a high.
Kyle Busch has revealed that he and his wife, Samantha, lost over $8million in what he described as a life-insurance investment scheme. The couple posted a video on Tuesday to warn others of the alleged scam.
With the green flag in Sunday’s Cup Series Championship Race at Phoenix Raceway, Kyle Busch made his 750th career start at NASCAR’s highest level. He’s the 14th driver to achieve the feat and is the only active driver to reach that threshold.
Xfinity Series finalist Jesse Love is getting ready for a new adventure, taking the wheel of a Supercar in Australia.