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In this video tutorial, the concept of a Certificate of Insurance (COI) is explained, emphasizing its importance for companies. The most commonly used type of COI is the Accord 25 form, which condenses vital insurance policy details onto a single standardized page. It serves as proof of insurance, summarizing key information such as coverage type, effective dates, and policy limits. It's important to note that there are various editions and versions of the Accord form. To aid understanding, a COI template is provided for download in the video description.
