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In this video tutorial, the presenter explains the components of a Certificate of Insurance (COI), focusing on the commonly used 25 form. This form serves as a standardized, single-page summary of key insurance policy details, such as coverage type, what is covered, the policy's effective date, and policy limits. It's emphasized that a COI is merely proof of insurance and is designed to streamline access to crucial information. Additionally, variations in edition dates and versions of the form are noted. A COI template is provided in the video description for viewers to download and use.