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What is the Master Policy effective date, and what happens if my client joins the group mid year?

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What is the Master Policy effective date, and what happens if my client joins the group mid year?

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CIBAs master policy date cycle is from March 31, 2007 to March 31, 2008. Clients joining as members during the year will have their premiums pro-rated until they get into the annual cycle date.

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