Insert and highlight the correct word from the choice of words at the end of this mini-case to complete the sentence (note: not all words will be used; words cannot be re-used): (5 marks -.5 marks each) Max is 22 years old and has been driving since he was 16 years old. He took FINA 200 in the Winter 2020 term and believes it to be the best course ever! Max is now testing you on your Personal Finance savvy. 1) While on vacation in Florida last March break with his buddies, Max lost control of his car and hit a child, slightly injuring him. Thankfully, the child is now fine after much medical assistance. Before leaving for Florida, Max remembered the car insurance chapter and knew that for a reasonable premium, he could increase his _up to a $2 million limit. The increased limit covered the claim under the lawsuit from the child's family. 2) Had the above accident occurred in Quebec, coverage would be handled directly with the Socit de l'assurance automobile du Qubec (SAAQ) as all Quebecers are insured by the public insurance plan managed by this government agency). As this plan gives compensation (money) for injuries from accidents involving a road vehicle, you cannot file a lawsuit for injuries. 3) Max moved into an apartment with his buddies. He made sure to have insurance in case his sound system got stolen. 4) Max's girlfriend, Linette was at his apartment for a party. Linette had been drinking with Max's roommates, Bill, and John. When she was leaving, she slipped down the stairs outside. Max had advised the landlord multiple times to put a hand railing and to fix the steps that loosened over time. Linette's foot went through one of the rotted wooden stairs and when tumbling down, she hit her head hard. She has been in intensive care in the hospital for weeks. Max believes to be responsible for the accident. 5) Max's other roommate Bill was riding his bike to school and got distracted by an incoming text on his phone. He collided with another cyclist coming from the opposite direction. The material damages (bicycles) will be claimed by the cycler that Bill hit. would cover this situation. 6) Max has noticed that the higher his the lower his monthly insurance premiums