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In this video tutorial, the concept of a Certificate of Insurance (COI) is discussed, emphasizing its importance for companies. The most commonly used COI is the Accord 25 form, which summarizes insurance policy details on a single page. It is essential to understand that a COI is proof of insurance and simplifies access to crucial policy information such as coverage type, effective date, and limits. Various versions of the Accord form exist, so not all COIs will look the same. A COI template is provided for download in the video description to facilitate learning.
