I don't think the software is compatible with Windows 10. I managed to visit a website to find this application and based on the available details, it appears that Polaroid ID Card Maker Elite is working only with the following versions of Windows:
Microsoft Windows Vista, 2000 Professional or Windows XP Professional or Home Edition (Installing the latest service pack for your operating system is recommended.)
TIP: If you upgrade through Windows Update, there will be a month at your disposal to go back to previous version of Windows without any data loss using Start > Settings > Backup and Security > Windows Update.