Income Replacement Coverage under the OAP1 is limited to:

Income Replacement Coverage under the Ontario Automobile Policy (OAP1) is designed to provide financial support to individuals who are unable to work due to injuries sustained in a car accident. The coverage specifically stipulates that it compensates for 70% of the injured person's net weekly income, with a ceiling set at $400 per week. This means that if an individual was earning a net income that translates to more than $400 weekly, they would only receive the maximum benefit of $400.

This provision ensures that those who were employed can maintain some financial stability while they recover from their injuries. The percentage and the cap are significant as they reflect the policy's aim to balance providing aid to the injured while also managing the insurer's liability.

The other options present various aspects of insurance coverage but do not accurately describe the specifics of Income Replacement Coverage under the OAP1. These nuances are essential for understanding how the policy operates and to ensure that those involved are well prepared for the financial implications of an accident.