Insurance policies also include a
beneficiary clause, specifying the person or organisation named as beneficiaries of your policy in the event of your death or another insured event.
For example, a common provision in a grandchildren trust instrument providing separate shares or subtrusts for each grandchild involves an afterborn
beneficiary clause that proportionately reduces each subtrust or trust share in order to add additional subtrusts or trust shares for afterborn grandchildren.
Focus on the important policy provisions like grace periods, incontestability, suicide, reinstatement,
beneficiary clauses, and cash surrender values.
Through the imposition of Indian Act regulations, Department of Indian Affairs policies, entitlement clauses in self-government agreements or
beneficiary clauses in land claims negotiations, the federal and provincial governments continue to deviously manipulate the issue of membership to their own advantage.
