When doing a renewal or upgrade, the remaining duration of the license/s will be converted to a pro-rated currency value based on the current equivalent list price on the SecureAPlus online store. This remaining value will then be used to offset the cost of renewing or upgrading the license.

This means it will follow the following general formula:

[Current Equivalent List Price of License] – [Offset Price] = [Renewal Price]

Whereas,

Current Equivalent List Price of License Purchased – the current equivalent value of the license purchased. This is not to be confused with the purchase price or discounted pricing via discount codes or promotions.

Offset Price – the remaining value of the license being renewed that is used to reduce the price of renewal/upgrade.

The formula for calculating the Offset Price amount is as follows

([Remaining Duration] / [Full License Duration]) x [Current Equivalent List Price of License Purchased]

Whereas,

Remaining Duration – is the number of days before the expiry of the license.

Full License Duration – 365 (1 Year) or 1095 (3 Years) days, depending on the license purchased.

Example 1: 146 Days Remaining On Renewal of a Personal Value Pack

The calculation for the Offset Price is as follows:

(146 Days / 1095 Days) x \$36.00 = \$4.80

As it is simply a renewal the final purchase breakdown will be as follows:

\$36.00 – \$4.80 = \$31.20

Example 2: 146 Days Remaining On Upgrade of a Personal Value Pack with Policy Add-On

While the calculation of the offset price remains the same as Example 1, the addition of Add-On pricing and discounts (more on this below) comes after the offset pricing has been deducted. This means that no matter the circumstances the Offset Price cannot be used to reduce the price of Add-Ons. This is reflected in the following formula:

([Current Equivalent List Price of License] – [Offset Price])+ ([Add-On Price] x [No. of Years]) = [Final Purchase Price]

Whereas,

Add-On Price – is the individual price of a single add-on or total price of multiple add-ons for a period of one year.

No. of Years – is either 1 or 3 years, based on the full license duration of the license being renewed.

Even with the Policy Add-On is implemented, the calculation of the renewal price is still the same but with the cost of the add-ons that is calculated as follows:

(146 Days / 1095 Days) x \$36.00 = \$4.80

As it involves an upgrade by way of including the Policy Add-On, the final purchase breakdown will be as follows:

(\$36.00 – \$4.80) + (\$2.00 x 3 Years)  = \$37.20

Calculation of Discounts

For transactions utilizing a promotional discount code, the following should be noted:

1. Discounts are not applicable to Add-On pricing
2. Discounts are applied after the offset price has been deducted

This can be represented in the following formula:

{([Current Equivalent List Price of License] – [Offset Price]) x (1 – [Discount Rate])} + ([Add-Ons Price] x [No. of Years]) = [Final Purchase Price]

Example 3: 146 Days Remaining On a Discounted Upgrade of a Personal Value Pack with Policy Add-On

In this example, we are taking the same transaction from Example 2 but is additionally taking advantage of a 40% discount code.

(146 Days / 1095 Days) x \$36.00 = \$4.80

As it involves an upgrade by way of including the Policy Add-On, the final purchase breakdown will be as follows:

[(\$36.00 – \$4.80) x (1-0.4)] + (\$2.00 x 3 Years)  = \$24.72

Calculation for Promotional Giveaways

Users who have received a promotional license from SecureAge Technology, SecureAPlus, or any of its partners are also eligible for license renewal and upgrades at any point in time after they have received their license. The same rules apply as if the Premium license was purchased from the online store.

Moneyback Guarantee

The 60-day 100% Money Back Guarantee only applies to the transaction involving the renewal or upgrade. If the initial license being renewed or upgraded is still within its original 90-day period then that transaction itself is a separate money back request to the transaction for the renewal or upgrade.

More on the 60-Day Money Back Guarantee