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In this video tutorial, the presenter explains the components of a Certificate of Insurance (COI), focusing on the commonly used ACCORD 25 form. This form serves as a standardized overview of key details in insurance policies, summarizing important information such as coverage types, policy effective dates, and limits. It's important to understand that a COI is merely proof of insurance and is designed to streamline access to essential policy information. The video notes that various versions and edition dates of the ACCORD form exist, which may cause differences in appearance. A COI template is provided in the description for viewers to download.
