When you switch your subscription plan, all your previously acquired asset licenses are converted to your current license. The Terms of the licenses can be found over at quixel.com/terms.
When you cancel a subscription, the Terms of the last active license will apply to any acquired/downloaded assets.
When you switch between any paid Quixel subscriptions, you keep all your previous acquire history. If you are on the Unreal Unlimited and choose to have your subscription plan cancelled, we will reset your account to remove any acquires after switching to Unreal Unlimited, and add your original points back. For canceling your UU subscription, please reach out to us at firstname.lastname@example.org.