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Cove is billed per workspace, not per person. Adding your team to a workspace doesn’t change what you pay.
Settings → Billing

Billing, with the plan chooser.

Plans

The one-time option has nothing to renew and nothing to cancel — it keeps that workspace on Professional for as long as it exists.

Discounts

They stack. The checkout page shows the real total before you pay, read back from Stripe rather than worked out separately, so it is what will actually be charged.

Who can change it

Only the workspace owner. Not co-owners, and no department permission grants it. That is deliberate. A co-owner runs the workspace, but the card belongs to one person, and cancelling a subscription somebody else is being charged for isn’t a workspace setting. If billing needs to move to somebody else, workspace ownership has to move with it.

If a payment fails

The workspace carries on through a grace period rather than shutting off the moment a card is declined — a failed renewal is usually an expired card, not a decision to leave. If it isn’t resolved by the end of that period the workspace drops to Starter. Nothing is deleted; the features above Starter stop.
A suspended workspace can still reach billing. Locking somebody out of the page where they would fix their payment would be charging them for something they cannot use.

Where to look

Compare the plans

Current prices and what each tier includes.

Departments

Everything a co-owner can do, which is all but this.