A life insurance agent needs to be honest with you about what kind of policy they happen to be offering you. There are people in your life who are dependent upon the concept of whether you are being offered a retirement plan or a life insurance plan. Your family members would certainly be worried about whether we are talking about some sort of retirement or pension plan as opposed to a life insurance concept.
If an agent is not being clear about the policy they are offering, you should ask for clarity. If you are not able to get clarity in that situation, you should talk to a superior. This could mean the head of a department, if possible.