1Password introduced a new family plan today. For $US5 ($7) a month, up to five family members get full access to 1Password's suite of apps and services. With the family account, 1Password automatically creates a shared password system so everyone in the family can easily access passwords for services like Netflix or the home router. As you'd expect, you can also share whatever else you have stored in 1Password — from credit card numbers to financial statements — with a click. Of course, what you decide to share is totally up to you, and each family member gets their own account.
The pricing model is a bit curious, as you can technically buy 1Password outright for $US50 ($70) and use it on up to six computers. The appeal of the family plan seems to come from the control administrators get. Parents can lock passwords to prevent kids from accidentally editing them. Plus, the fact the monthly fee gets everyone total access to all of 1Password's apps and features makes the pricing a little less confusing in the long term.