Que. 1 : Q1) Which policy does not take into account depreciation? 1. a) First loss policy 2. b) Fire policy 3. c) Marine cargo policy 4. d) Reinstatement value policy Que. 2 : Q2) Mr. Pinto contracted pneumonia as a result of lying on wet ground after a horse riding accident. The pneumonia resulted in death of Mr. Pinto. What…