LATAM Airlines has a cancellation policy that varies based on the ticket type and timing of the cancellation. If you cancel within 24 hours of booking and your flight is scheduled at least seven days later, you can get a full refund. This rule applies in places like the United States, Brazil, and Colombia, and works for all fare types, including non-refundable tickets. After the first 24 hours, refundable tickets can be canceled at any time before the flight, and you will receive your money back. For non-refundable tickets, cancellation usually means paying a fee, and the remaining amount is given as a travel credit valid for future flights. If LATAM cancels your flight or makes a major schedule change, you can either get a full refund or choose to rebook at no extra cost. In special situations such as emergencies or travel restrictions, LATAM may allow more flexible cancellation or rebooking options. You can cancel your flight through the LATAM website, customer service, or through the agency where you purchased the ticket. Refunds are processed back to the original payment method and typically take about seven days for credit cards, while other payment methods may take longer. Fees for extra services like baggage or seat upgrades are usually refunded to your LATAM Wallet after cancellation. It is important to check the cancellation rules when buying your ticket so you know what options you have if plans change.