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In this video, the presenter explains the components of a complete Certificate of Insurance (COI), focusing on the commonly used 25 form. This form summarizes crucial details of insurance policies on a single page, serving as proof of insurance. Key information includes the type of coverage, what is covered, the policy's effective date, and policy limits. The presenter notes that there are various edition dates and versions of COIs, so forms may differ in appearance. To aid in understanding, a COI template will be provided in the description for viewers to download and reference.