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In this video, the concept of a Certificate of Insurance (COI) is introduced as a crucial document for companies. The most common type is the Accord 25 form, which summarizes key insurance policy details on a single page. It is important to understand that a COI is proof of insurance and provides essential information like coverage type, effective date, and policy limits. Various versions of the Accord form exist, so not all COIs may look alike. A template is provided for viewers to download and learn more about COIs.
