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In this video tutorial, we explore an Excel template designed to alert users about the expiry dates of policies, services, and documents that require renewal. The template includes a list of insurance policies, OTT services, and vehicle documents, along with their purchase dates and service validity in months. Using this information, the template calculates expiry dates and determines the days left until expiry or days elapsed post-expiry. It highlights services nearing expiry (within seven days) in yellow and expired services in red. The video also guides viewers on creating a similar Excel template.