What is the copay clause in an insurance policy?

Question

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The copay clause in an insurance policy requires the insured to pay a percentage of an insured loss along with the remainder being paid by the insurer. This is usually expressed as a percentage, for example, the insured may be required to pay 20% of the total cost of the loss while the insurer pays the remaining 80%. It is important to note that copayments are separate from deductibles and are usually a fixed percentage of the loss, whereas deductibles are a fixed dollar amount that the insured must pay before the insurance policy pays anything.

What Is the Copay Clause in an Insurance Policy