COI

COI is an acronym that can refer to several terms across different fields. Its exact meaning depends on the context, and the term is used in business, law, insurance, and commerce to denote distinct concepts.

Conflicts of interest refers to a situation in which a person’s personal interests could interfere with their professional judgment or duties. In corporate governance, research, journalism, and public service, COI policies require disclosure of potential conflicts, avoidance or recusal from affected decisions, and documentation to maintain transparency and curb bias.

Certificate of insurance is a document issued by an insurer or broker that confirms an insurance policy is in force. It typically lists the types of coverage, policy limits, insured parties, and the period of validity. COIs are commonly requested by clients, project managers, lenders, or supervisors to verify that contractors or vendors carry the required liability or other insurance before commencing work.

Cost of insurance is a term used in some life insurance and annuity products to describe the annual charge levied to cover mortality, policy administration, and risk. It is separate from the regular premium and can vary with age, health, and policy features. In certain policies, COI can influence the cash value and surrender value over time.

Other uses exist in specific industries and contexts, where COI may denote different concepts. Given the varied meanings, it is important to reference the relevant field to determine the intended definition.