Licenses are valid for one year and for all upgrades. For example, if your license is purchased in December 2019 for InstaCoverage Pro 3.0 and a new version called 3.1 is released is January 2020, then your license will still be valid (both for 3.0 and 3.1). The license will expire in December 2020 (one year after purchase) for all versions of InstaCoverage Pro. Note that InstaCoverage Core is free of charge and it does not need a license.
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