LINCOLN COUNTY, N.C. — Two-time NASCAR Cup Series champion Kyle Busch and Samantha, his wife, have filed a lawsuit alleging they lost more than $8.5 million after being misled into purchasing complex life insurance policies marketed as safe retirement plans.

The complaint, filed on Oct. 14 in Lincoln County, accuses Pacific Life Insurance Company of misrepresenting Indexed Universal Life (IUL) policies as "tax-free retirement plans" that would provide secure, self-funding income for the family's future.

"I never thought something like this could happen to us," Kyle Busch said in a statement. "These policies were sold to us as part of a retirement plan — something safe and secure that would grow tax-free and protect our family long after racing. We trusted the people who sold them, and

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