What if I cancel
What if I want to cancel? Do you take away the storage?
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Archive the iCloud data to be on safe side https://support.apple.com/en-in/HT204055
Before downgrading the storage plan https://support.apple.com/en-in/HT207594
The iCloud data that exists on the server will stay when the storage is in designated limits it could be free 5GB or the next plan you are using , as soon you exceed the storage limit and you don't purchase the new storage plan https://support.apple.com/en-in/HT201318
That data will not stick on iCloud .