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Kyle Busch's $8.5 Million IUL Lawsuit Against Pacific Life (LATEST UPDATES)

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Manage episode 518162282 series 2385200
Content provided by BetterWealth Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BetterWealth Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

NASCAR legend Kyle Busch is suing Pacific Life Insurance Company for allegedly misleading him and his wife into a risky Indexed Universal Life (IUL) strategy that wiped out over $8.5 million. The lawsuit claims Pacific Life’s agent promised “tax-free retirement income” after just five years of funding but hidden fees, inflated commissions, and an internal 1035 exchange left the policies on the verge of collapse. In this episode, Caleb Guilliams breaks down what happened, how IUL policies work, and what this case reveals about the dark side of life insurance sales, financial advice, and policy design.

Full Lawsuit: https://bit.ly/kylebuschlawsuit

Bobby Samuelson's Article: https://bit.ly/PacificLifeArticle

Want Us To Review Your Life Insurance Policy? Click Here: https://bttr.ly/yt-policy-review

______________________________________________

Learn More About BetterWealth: https://betterwealth.com

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DISCLAIMER: https://bttr.ly/aapolicy

*This video is for entertainment purposes only and is not financial or legal advice.

Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

  continue reading

800 episodes

Artwork
iconShare
 
Manage episode 518162282 series 2385200
Content provided by BetterWealth Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BetterWealth Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

NASCAR legend Kyle Busch is suing Pacific Life Insurance Company for allegedly misleading him and his wife into a risky Indexed Universal Life (IUL) strategy that wiped out over $8.5 million. The lawsuit claims Pacific Life’s agent promised “tax-free retirement income” after just five years of funding but hidden fees, inflated commissions, and an internal 1035 exchange left the policies on the verge of collapse. In this episode, Caleb Guilliams breaks down what happened, how IUL policies work, and what this case reveals about the dark side of life insurance sales, financial advice, and policy design.

Full Lawsuit: https://bit.ly/kylebuschlawsuit

Bobby Samuelson's Article: https://bit.ly/PacificLifeArticle

Want Us To Review Your Life Insurance Policy? Click Here: https://bttr.ly/yt-policy-review

______________________________________________

Learn More About BetterWealth: https://betterwealth.com

====================

DISCLAIMER: https://bttr.ly/aapolicy

*This video is for entertainment purposes only and is not financial or legal advice.

Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

  continue reading

800 episodes

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