Que. 1 : Q1) Replacement Cost is paid for the property by the insurer underwhich policy? 1. a) Declaration Policy 2. b) Reinstatement Value Policy 3. c) Floating Policy 4. d) Consequential Loss Policy Que. 2 : Q2) On what is the cover of stop loss treaty is based on ? 1. a) Claims ratio 2. b) Sum insured 3. c) Premium 4. d) Loss…