Class 3 Protection & Indemnity Rules 2024/2025 Page 1 of 79 Class 3 Protection & Indemnity Rules 2026/2027 Page 2 of 79 CONTENTS Page Section I Introductory 10 RULE 1 ARTICLES OF ASSOCIATION 10 1 Articles of Association 10 RULE 2 DEFINITIONS 10 2 Definitions 10 2.1 The Association 10 2.2 Associated Company 10 2.3 The Board 10 2.4 Call Rate 10 2.5 Calls 10 2.6 Certificate of Entry 10 2.7 Charterer 10 2.8 Charterer’s Entry 10 2.9 This Class 10 2.10 Closed Policy Year 10 2.11 The Committee 10 2.12 Consortium Agreement 11 2.13 Consortium Claim 11 2.14 Consortium Vessel 11 2.15 Contribution 11 2.16 Convention Limit 11 2.17 Entered Ship 11 2.18 Entered Tonnage 11 2.19 Fleet Entry 11 2.20 Full Tonnage 11 2.21 General Excess Loss Reinsurance Contract 11 2.22 The Hague Visby Rules 11 2.23 Hull Policies 11 2.24 Insurance 11 2.25 Knock for Knock 12 2.26 Limit of Liability 12 2.27 The Managers 12 2.28 MLC 2006 12 2.29 Member 12 2.30 Overspill Call 12 2.31 Overspill Claim 12 2.32 Overspill Claim Date 12 2.33 Owner 12 2.34 Owner’s Entry 12 2.35 Passenger 12 2.36 Personal Effects 13 2.37 Policy Year 13 2.38 Pooling Agreement 13 Class 3 Protection & Indemnity Rules 2026/2027 Page 3 of 79 2.39Prohibited Area 13 2.40The Register 13 2.41Representative 13 2.42Rules 13 2.43Sanction 13 2.44Seafarer 13 2.45Senior Member 13 2.46Ship 13 2.47Special Cover 13 2.48STOPIA 13 2.49TOPIA 14 2.50The United Kingdom 14 2.51Interpretation 14 RULE 3 NATURE OF COVER 14 3.1Extent of Cover 14 3.2Conditions 14 3.3Contributions 14 3.4Sanctions 14 3.5Insurance Act 2015 14 RULE 4 MEMBERSHIP 15 4.1Entry of a Ship 15 4.2Directors 15 4.3Reinsured Member 15 4.4Cessation of Membership 15 4.5Separate Class 15 RULE 5 RIGHT OF RECOVERY 15 5.1Right of Recovery 15 5.2Subrogation 16 5.3Set-off 16 5.4Incident 16 5.5Currency 16 5.6Sanctions 16 5.7Overspill Claims 16 Section II Entry and Contribution 18 RULE 6 ENTRY 18 6.1Application 18 6.2Fair Presentation 18 6.3Certificate of Entry 18 6.4Entered Tonnage 18 6.5Subject to Rules 18 6.6Variation of Cover 19 6.7Contract of Insurance 19 6.8Refusal of Application 19 6.9ITOPF 19 Class 3 Protection & Indemnity Rules 2026/2027 Page 4 of 79 RULE 7 SPECIAL INSURANCES 19 7.1Fixed Premium 19 7.2Special Acceptance 19 7.3Reinsurance and Recovery 19 RULE 8 JOINT ENTRIES AND CO-ASSUREDS 19 8.1Joint Members 19 8.2Co-assureds 20 8.3Disclosure 21 8.4Conduct 21 8.5Limits of Cover 21 8.6Communications 21 RULE 9 PERIOD OF INSURANCE 21 9.1Attachment and Contribution 21 9.2Change of Conditions 21 9.3Notice of Termination of Cover by Board or Managers 22 9.4Prohibition of Withdrawal 22 RULE 10 CONTRIBUTION BY WAY OF CALLS 22 10.1Mutual Insurance 22 10.2Estimated Total Call 22 RULE 11 CALLS 23 11.1Call Rate 23 11.2Discount 23 11.3Exceptional Calls 23 11.4Overspill Calls 23 RULE 12 PAYMENT 24 12.1Instalments 24 12.2Notification 24 12.3Currencies 24 12.4Tax 24 12.5Set-off 24 12.6Penalty for Late Payment 24 12.7Bad Debts 24 12.8Effect of a Member’s Non-payment 24 RULE 13 LAID-UP RETURNS 24 13.1Lay-up of an Entered Ship 24 RULE 14 RELEASE 25 14.1Request by Member for Release 25 14.2No Request by Member for Release 25 14.3Scope of Release 25 14.4Effect of Payment of Release Call 25 14.5Effect of Release 25 RULE 15 RECOVERY OF CONTRIBUTIONS 25 15.1Recovery 25 15.2Lien 26 15.3Other Jurisdiction 26 Class 3 Protection & Indemnity Rules 2026/2027 Page 5 of 79 RULE 16 FLEET ENTRY 26 16.1 Effect of Fleet Entry 26 RULE 17 MORTGAGEES 26 17.1 Payment and Notice 26 RULE 18 ASSOCIATED