What does Equitable Estoppel mean? Read on to discover the definition & meaning of the term Equitable Estoppel - to help you better understand the language used in insurance policies.
Prevents a person from adopting a new position that contradicts a previous position created by words, silence, or actions if allowing the adoption of the new position would unfairly harm the person who relied on the previous position to his or her detriment. Also known as estoppel in pais.
We hope the you have a better understanding of the meaning of Equitable Estoppel.