What does OPCF 47 outline regarding SABS payments?

The correct choice regarding the outline of the OPCF 47 in relation to SABS payments is that it describes the agreement not to rely on SABS priority of payments. This is significant because the OPCF 47 endorsement modifies the standard coverage provisions by allowing insured individuals to opt out of the automatic priority of payments as established under the Statutory Accident Benefits Schedule (SABS).

In essence, when an insured person opts for this agreement, they are acknowledging an alternative arrangement for handling claims related to accident benefits. This can be particularly useful in situations where the typical hierarchy of payments may not be beneficial to the insured.

The other options highlight concepts that do not pertain directly to the focus of the OPCF 47. For instance, the use of recreational vehicles addresses a different aspect of insurance policies, while alteration and fire deductible involve other policy provisions not specifically tied to SABS payments. Understanding the implications of the OPCF 47 agreement enriches one's knowledge about options available under Ontario's automobile insurance framework and how they might influence claims processes in various circumstances.