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About ModelRisk for Insurance and Finance

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Maintenance Plan

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BROCHURES
 

Software Brochure

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ModelRisk Maintenance Plan

  • Maintenance Plan:
    • Vose Software offers maintenance plans for licensed users of ModelRisk.  Maintenance entitles a licensee to unlimited technical support, version upgrades and bug fix patch releases while the plan is active.
    • Benefits of active maintenance:
      • Free upgrades and updates for the licensed edition of ModelRisk.
      • Free Unlimited Technical Support covering:
        • Installation and operation.
        • Error and bug resolution.
        • Limited model building assistance.
    • Technical support is available via phone, email and web during hours designated on our technical support web page.
  • Definitions:
    • Edition
      • An edition of ModelRisk is the application of the ModelRisk framework to a specific industry or field.  For example, the first edition of ModelRisk is ModelRisk for Insurance and Finance.  There may be new editions of ModelRisk such as ModelRisk for Food Safety.
    • Version
      • Every edition of ModelRisk will have a current version number indicating the most recent release of the software.
  • Pricing and Terms:
    • Professional, Network, Enterprise and Site licenses include one year of free maintenance from the date of purchase. 
      • Maintenance may be renewed annually for a fee of 22% of the list price (including volume discounts) for the customer’s current license configuration.
      • Assumes the customer’s maintenance agreement is current.
      • If the customer’s maintenance is out of date, the customer must bring the maintenance up-to-date from the expiration of the last plan.  The new plan will expire on the next anniversary of the original license purchase.
    • Subscription, Textbook, Trial, Faculty and Student Licenses include maintenance while the license is active.
    • Not intended for providing major assistance in building or de-bugging models or for in-depth training on the use of ModelRisk.
    • Does not provide for free upgrades to new or different editions of ModelRisk.
    • Subject to the End User License Agreement of the appropriate edition of ModelRisk.
    • None of the above benefits are available to licensees without an active maintenance plan.
          
     
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