As others have mentioned, the fallback license is for the point releases you have paid 12 months for, not the most recent release during your subscription (which is what your comment suggests).
It’s also worth noting that the requirement is 12 consecutive months. You can’t have any breaks so you need to be actively subscribed to take advantage of this.
It’s not the best solution (I am a fan of pay for a year (prepaid or monthly) and you get 12 months of updates where you keep all of them), but it’s a good compromise in the era of SaaS. And a compromise I’m willing to make for their IDEs.
It’s also worth noting that the requirement is 12 consecutive months. You can’t have any breaks so you need to be actively subscribed to take advantage of this.
It’s not the best solution (I am a fan of pay for a year (prepaid or monthly) and you get 12 months of updates where you keep all of them), but it’s a good compromise in the era of SaaS. And a compromise I’m willing to make for their IDEs.