A) No.
B) You can make use of the macros below (store them in the Normal template) to force an update of the INCLUDETEXT field(s) created as you insert a file as a link.
Code:
Sub AutoOpen()
Dim oStory As Range
For Each oStory In ActiveDocument.StoryRanges
oStory.Fields.Update
If oStory.StoryType <> wdMainTextStory Then
While Not (oStory.NextStoryRange Is Nothing)
Set oStory = oStory.NextStoryRange
oStory.Fields.Update
Wend
End If
Next oStory
Set oStory = Nothing
End Sub
Code:
Sub AutoNew()
Dim oStory As Range
For Each oStory In ActiveDocument.StoryRanges
oStory.Fields.Update
If oStory.StoryType <> wdMainTextStory Then
While Not (oStory.NextStoryRange Is Nothing)
Set oStory = oStory.NextStoryRange
oStory.Fields.Update
Wend
End If
Next oStory
Set oStory = Nothing
End Sub
For more, see
http://www.gmayor.com/installing_macro.htm by fellow MVP Graham Mayor, who also created the code above.