What Is Environment, Health and Safety (EHS) Management? Today, Environment, Health & Safety (EHS) programs are so prevalent across global manufacturing organizations, at first thought, providing a definition can feel redundant and unnecessary.
1 irrevocable beneficiary A life insurance or segregated fund beneficiary whose benefit cannot be revoked or modified in any way without his or her consent.  life insurance An arrangement where an insurer agrees to pay a benefit to one or more beneficiaries in the event of the policyholder's death.
Sometimes this would require court review and approval. Since the general rule is that an irrevocable trust is âetched in stoneâ, the law recognizes the named beneficiaries as having certain rights, including the right to receive a copy of the trust.