NICHOLS, Presiding Judge.
1. A policy of insurance which provides, "No suit or action on this policy for the recovery of any claim shall be sustainable in any court of law or equity unless all requirements of this policy shall have been complied with, and unless commenced within twelve months next after inception of the loss," is not ambiguous because it elsewhere provides that "The amount of loss for which the company may be liable shall be payable sixty days after...
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