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In this video, the concept of a Certificate of Insurance (COI) is explained, emphasizing its importance for most companies. The most common type of COI is the Accord 25 form, which provides key details of insurance policies on a single page. It is essential to understand that a COI is not the actual policy but a summary of important information such as coverage, effective date, and policy limits. Various editions of the Accord form exist, so not all forms will look the same. A COI template is provided for download to simplify the learning process.
