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In the video tutorial, the concept of a Certificate of Insurance (COI) was discussed, emphasizing the importance for companies to have one. The most common type of COI is the Accord 25 form, which condenses essential details of insurance policies onto a single standardized page. It is clarified that a COI serves as proof of insurance, summarizing crucial information such as coverage type, effective dates, and policy limits. It is mentioned that there exist various editions and versions of the Accord form. A COI template is provided for download to aid in understanding and access to necessary information.
