When your license for the premium version of Kaspersky Password Manager expires, you can either renew it or switch to the free version. If you switch to the free version and have more entries than are allowed in the free version, you must choose which entries to keep.
After you switch to the free version of Kaspersky Password Manager, all inactive entries will be deleted from cloud storage and won't be synced across your devices. However, these entries will remain on your computer, and you can view them in your local vault.
Switch to the free version of Kaspersky Password Manager
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