The gift recipient subscription is active for 12 months from the date it is redeemed online (not the date it was purchased). The gift code do not expire, so it can be redeemed at anytime.
The recipient will not be charged during the first 12 months subscription. After the recipient redeem the gift and receive Caravan's free unlimited access for 12 months, Caravan will automatically continue the subscription to the annual plan, and at the end of the 12 months charge annually only $99 USD to the recipient's payment method on file for the next subscription period. Recipient can cancel the subscription at any time through the instructions on the FAQ page. No refunds or credits are issued after the gift was redeemed, or for any partial subscription periods.