The problem is caused by the service called: "Protexis Licensing V2 service"
All you need to do is enable that service before opening coreldraw. All you have to do isSTART>;RUN>;services.msc OR
Right click My computer; select manage ; in the tree view, select services and applications, then expand hirachy select services
find the name with Protexis Licensing V2 and start that service. Change to automatic.
Thats all now you are done. No more installation error.
If you are still experiencing the issue after applying this fix you can try CorelDraw Fix Toolbox