You know 1Password offers a yearly subscription, right?
I too didn’t think I’d switch to a subscription model for it, but it’s such useful software for so many purposes, and I’m very happy if it makes the company more sustainable.
It’s hard to make money with software. I don’t begrudge them at all.
It's not "I want the term to be yearly" it's "I would pay for permanent upgrades so they could still get money from me repeatedly without a subscription model"
Subscriptions are fine as an offer for software that's getting significant new features all the time. But a password manager is the kind of code that barely needs any devs to keep going once it's already in a good state. And it's the kind of code where integrating an online killswitch is extremely dangerous. There's good reason to stay away from that combination.
LastPass is also a subscription, but they technically have a free option as well which is not a subscription. At this point I'd buy any password manager that isn't a subscription, but in all likeliness I"ll just start using Apple keychain as it improves.