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.
An irrevocable trust agreement is a written document that lists the trust's terms. The document identifies the trust's ownerâthat, is the trustor or grantor, as well as the beneficiaries and the trustee, who manages the trust.or example, an agreement might allow trustee removal only if all beneficiaries and the trustor agree. Other than age requirementsâtrustees must be at least 18 years of ageâstate laws don't restrict a trustor's trustee choice, so the trustor may name a beneficiary as trustee or alternate trustee.