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This video explains the importance of a Certificate of Insurance (COI) for companies and how it summarizes insurance policy details. The commonly used COI form is the Accord 25, which provides essential information on coverage, effective dates, and policy limits. It serves as proof of insurance and simplifies access to crucial policy information. Different versions of the Accord form exist, so not all forms will appear the same. A COI template is provided for download to help viewers understand and create their own COI.
