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.
Definition of revocable beneficiary. 1  beneficiary An individual or entity chosen to receive benefits from a will, trust, deed or insurance policy.  contingent beneficiary A beneficiary who only receives his or her benefit when specific conditions have been met.