It will automatically renew monthly/yearly unless the subscription is canceled, or auto-renew is turned off 24 hours before the end of the current billing period. Your subscription can be canceled at any time by going to device Settings > Your account > Subscriptions. Terms of use can be found https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ and Privacy Policy can be found https://lupeski.github.io/rp/index.