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In this video, the focus is on understanding what a Certificate of Insurance (COI) is and its significance for companies. The most commonly used COI is the Accord 25 form which outlines key insurance policy details on a single standardized page. It serves as proof of insurance, summarizing crucial policy information like coverage type, effective dates, and policy limits. Different editions of the Accord form may vary in appearance. To assist in learning, a COI template is provided for download in the video description.