By Anna Von Reitz
The Indemnity Bond and Court Process -- Step by Step
If you are a public corporation and functioning in the realm of international commerce, you are insured by your parent corporation as a franchisee.
If you are a private "person" functioning in the realm of international trade, you are indemnified by your country and its assets.
Notice the words: "Commerce" versus "International Trade". "Insurance" versus "Indemnity bond". Two different jurisdictions. Two different political statuses. Two different forms of business transactions. Two different forms of insurance.
