Property Insurance, Comprising Fire And Marine Insurance, Automobile Insurance, Fidelity And Surety Bonding, Tilte Insurance, Credit Insurance, And Miscellaneous Forms of Property Insurance

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Each appraiser shall be paid by the party selecting him and the expenses of appraisal and umpire shall be paid by the parties equally.
Payment This Company shall not be held to have waived any OP Loss provision or condition of this policy or any forfeitiu-e thereof by any requirement, act, or proceeding on its part relating to the appraisal, or to any examination herein provided for; and the loss shall in no event become payable until sixty (60) days after the notice, ascertainment, estimate an
...d verified proof of loss herein requu-ed have been received by this Company, and if appraisal is demanded, then, not until sixty (60) days after an award has been made by the appraisers.
Sub- This Company may require from the Assured an rogation assignment of all right of recovery against any party for loss or damage to the extent that payment therefor is made by this Company.
AUTOMOBILE INSURANCE 457 Suit No suit or action on this policy or for the recovery AGAINST of any claim hereunder shall be sustainable in any Company court of law or equity unless the Assured shall have fully complied with all the foregoing requirements, nor unless commenced within twelve (12) months next after the happening of the loss; provided that where such limitation of time is prohibited by the laws of the State wherein this policy is issued, then and in that event no suit or action under this poUcy shall be sustainable unless commenced within the shortest limita- tion permitted under the laws of such State.


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