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.
Ad. The main benefit of being named an irrevocable beneficiary is that no part of the life insurance agreement concerning that person can be changed without his or her permission. What this means is that the benefits will definitely be transferred at the time of the policy-holder's death.d. The main benefit of being named an irrevocable beneficiary is that no part of the life insurance agreement concerning that person can be changed without his or her permission. What this means is that the benefits will definitely be transferred at the time of the policy-holder's death.