Protection Plan Features

So I want to be clear on what I’m getting. These features, like a notification that I receive in the middle of the night, I will not be able to see the video if I try to view it in the morning unless I’m on a plan. Is that correct? It appears as if the only thing I can do is see live video without a subscription. Also, right now I can share a video from within the app and apparently I will not be able to do that either. Please confirm.