Wow, thanks for that! Except I feel stupid again because I don't know what you just said! 
Are you saying to insert:
$smarty->assign("user_subscription",$user_account["subscription"]);
into /modules/Subscriptions/get_subscription_info.php in order to be able to distinguish between the 3 available subs a user can have? What would I add to product.tpl? Maybe:
and $productid ne "12" (the product id of my yearly sub) or maybe
and $user_subscription eq "Annually" ?
Can you explain a little bit more for me please?
Thank you!
Momtrepreneur