LATAM Airlines has a 24-hour cancellation policy that provides passengers the opportunity to cancel their flight bookings within 24 hours of purchase and receive a full refund. This policy applies only under specific conditions. First, the cancellation must be made within 24 hours after buying the ticket. Second, the flight must be scheduled to depart at least seven days after the booking date. This means that if your flight is less than seven days away, the 24-hour cancellation rule does not apply. Another important condition is that the ticket must be purchased directly from LATAM, either through their official website or customer service channels. Tickets bought from third-party websites or travel agencies are subject to the policies of those sellers and may not qualify for this refund option. To cancel within the 24-hour window, passengers can log in to LATAM’s website and use the “My Trips” section to manage their booking. Alternatively, contacting LATAM customer service by phone is another way to request the cancellation and refund. When the cancellation meets all requirements, LATAM will process a full refund to the original form of payment. Refund processing times vary but generally take from one to three weeks depending on the payment method and bank involved. This refund includes the full ticket price, excluding any non-refundable fees or taxes that may apply based on fare rules. The 24-hour cancellation policy exists to offer flexibility and peace of mind to travelers who may need to change or cancel plans shortly after booking. It helps prevent losing money from accidental bookings, changes in travel dates, or sudden changes in personal circumstances. It is important to act quickly if you want to use this policy because cancellations made after the 24-hour period are subject to the regular fare rules. For refundable tickets, cancellations after 24 hours can still be refunded, though some fees may apply depending on the fare type. For non-refundable tickets, cancellations outside the 24-hour window often do not result in a refund, but some travel credits may be available for future travel. Passengers who purchased their tickets through third parties should check with the seller to understand their cancellation policies since LATAM’s 24-hour rule will not cover these bookings. This means some travelers might not be able to cancel for a full refund within 24 hours if they did not book directly with LATAM. Overall, LATAM’s 24-hour cancellation rule provides a clear benefit for passengers who book directly and want the option to change their plans immediately without financial loss. It is a simple and effective way to protect travelers from making costly mistakes or changes shortly after purchasing their tickets. To summarize, the rule requires cancellations within 24 hours of booking, the flight to be at least seven days away, and the ticket to be purchased directly from LATAM. Passengers who meet these conditions can expect a full refund processed back to their original payment method. This policy helps make booking flights less risky and gives travelers confidence when making plans.