> VIDEO: Another example why you should NEVER invest money with a life insurance company

NASCAR Cup Series champion Kyle Busch and wife Samantha say they lost over $8 million in life insurance scheme

Tue, Oct 28, 2025

NASCAR Cup Series champion Kyle Busch and his wife Samantha said Tuesday that they had lost over $8 million in a life insurance scheme.

The Busches released a video to social media saying they wanted others to avoid making the same mistake they did. RP Legal, the firm representing the Busches, said in a statement that the Busches’ legal complaint “accuses Pacific Life and its appointed agent of designing and promoting a series of complex Indexed Universal Life policies as ‘tax-free retirement plans’ that were misrepresented as safe, self-funding investment vehicles.”

The Busches allegedly paid more than $10.4 million in insurance premiums and lost over $8.58 million.

https://sports.yahoo.com/nascar/breakin … 17141.html

"Universal Life" means "Bagholder"

I still don't see how they could have such tremendous losses

What were they investing in?