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In our previous video, we discussed the importance of Certificate of Insurance (COI) for companies. The Accord 25 form is the most commonly used type of COI, which summarizes crucial details of insurance policies on a single page. It is vital to understand that COI is simply proof of insurance and serves to provide essential information like coverage type, effective date, and policy limits. Various editions and versions of the Accord form exist, so not all forms will appear the same. To assist in learning, a COI template is provided for download in the video description.