Good morning Paul,
I appreciate the completeness and rapidity of your answer, even if I need some more clarifications and also, I would like to offer some considerations about this.
I don't understand what you mean for "buying a new licence" (sorry, my bad) for 20 euro. If I understand it correctly I would not be requested to buy the whole products (in my case VEP5 and the S Edition) that is more than a thousand euros but a 20 euros licence for every library or product I owe, am I right?
I didn't knew about an insurance for your libraries/licensers: in my case, the key, that is perfectly working is older than 2 years (2014). What is your raccomandations or plans available for any incident that actually can happen? Having a second key with a copy of the licenses? Should I buy a new key and "transfer" the licenses from the older to the newest so that I'm again in a renewed warranty period?
As you can imagine, being a media composer at the early stages of the carreer, and being at this point the SE and VEP5 literally the core of my orchestral template, I cannot run risks with it and even if I take care of my things, accidents in life happen on a regular basis. I'm sure you understand that being forced to buy again the same product (if I'm not understanding it wrongly) that is also no longer new and "fresh" let's say, other than being economically impossible would literally make no sense and, as a consequence would literally throw me away as a (happy, up to now) Vienna customer. But, of course, I may have understood it incorrectly.
By the way, owning also 2 iLoks (for altiverb, note performer and many other licenses) I cannot avoid noticing a difference in politics and manageabiliy of the licenses that is absolutely not viable for a "surviving" composer.
hope my questions are clear,
all the best,
Matteo Nahum