It appears to be a major sin as it is a waste of money and a reason for killing oneself.

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If you know that he is practicing muslim and he will not use it by haram ways it is permissible.

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It is not permissible to work for an insurance company.

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Yes, it is permissible as long as the loan is interest free.

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It isn’t permissible to work in tobacco company. Working in Mobile companies is permissible in sha’ Allah.

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Not every sin we know the punishment of. Being disrespectful to the parents is a major sin but there isn’t a prescribed punishment for that

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