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In this video, the focus is on understanding the components of a Certificate of Insurance (COI), specifically the commonly used Accord 25 form. The COI serves as proof of insurance and summarizes key policy details on a standardized page, including coverage type, what it covers, effective dates, and policy limits. It's important to recognize that there are various editions and versions of the Accord form, which may differ in appearance. To aid understanding, a COI template is provided in the description for download.