Will a Facebook account being deactivated affect the BM (Business Manager)

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The only issue i see here is that you need to have a back-up plan before something bad happen.
 
You can check. Your account is yours. It was created in BM or shared from another BM. If it comes from another BM, it is very likely that BM has been restricted.
 
Your BM may be restricted when the account violates many FB policies. Depending on whether your account was created from that BM or shared from a partner.
 
If the advertising account is disabled, BM is still normal. But if the number of accounts is increased, you cannot create more.
 
Even if Bm does not have a suspension notice, the suspension of the BM account will likely be the reason why BM cannot authorize and share because suspending an advertising account will often result in restrictions for the entire BM. You should check the quality of the account again and appeal the suspended account.
 
If your BM account is suspended you will not be able to share any assets in BM, the only way left is to send an appeal to the meta support team.
 
Your account's origin—whether created from that BM or shared by a partner—affects its status, as your BM may be restricted for violating Facebook policies.
 
Please contact Facebook Contact Support for instructions for verifying and regaining BM.
 
BM will perform well if you're running clean campaigns with a high spend. However, if your BM manages multiple accounts and one of them violates the rules, the entire BM can be at serious risk.
 
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