LATAM Airlines provides a 24-hour cancellation policy that allows passengers to cancel their flight bookings within 24 hours of making the reservation without any cancellation fees or penalties. This rule is intended to give travelers a short period to change their minds immediately after booking. However, to benefit from this policy, certain conditions must be met. First, the booking must have been made directly through LATAM’s official channels, such as their website, mobile application, or customer service center. If the reservation was made through third-party websites or travel agencies, the 24-hour cancellation policy might not apply, and passengers would need to follow the cancellation rules of the agency or platform used. Another important condition is that the cancellation request must be submitted within 24 hours from the moment the booking was confirmed. If this window passes, the cancellation may be subject to the airline’s standard refund and cancellation policies, which depend on the fare type. Additionally, to be eligible for the 24-hour rule, the booking must be made at least seven days prior to the scheduled flight departure date. This means that if you book a flight less than a week before departure, you likely will not be able to cancel it under this policy and get a full refund just by requesting it within 24 hours. Passengers who meet these conditions can cancel their flights and receive a full refund credited back to the original payment method regardless of whether their ticket is refundable or non-refundable. This offers a rare opportunity for travelers holding even the most restrictive fares to reconsider their plans with no financial risk during this initial 24-hour period. It is important to act promptly because after the 24-hour grace period expires, cancellations are subject to the fare rules attached to the ticket, which can involve fees or be non-refundable altogether. For tickets that are non-refundable, the airline might offer travel vouchers or credits for future travel instead of cash refunds. However, in situations where the airline itself cancels the flight or makes significant schedule changes, passengers are usually entitled to a full refund regardless of fare restrictions. When requesting a cancellation under the 24-hour policy, customers should contact LATAM Airlines directly via their official website or customer service phone numbers to ensure proper processing and to avoid confusion with third-party intermediaries. Keeping a record of cancellation confirmation is also advisable in case of any disputes or delays. Refund processing times typically vary but can take several business days depending on the payment method and banking institutions involved. For those who booked through travel insurance or credit cards with travel protection, there may be additional reimbursement options outside of LATAM’s own policies. Overall, LATAM Airlines’ 24-hour cancellation rule provides a valuable safety net for travelers who want a short window to reconsider their bookings without penalties, provided the reservation was made through official channels and sufficiently in advance of the flight date. Outside of this window, cancellation and refund rights depend heavily on the ticket type and fare conditions, so travelers should review these carefully before purchasing their tickets.