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I'm looking into buying a lufthansa economic flex ticket so if something happens and I am forced to cancel my trip under any circumstance, then I can get my money back (I'd cancel the entire trip, outbound and inbound). My question is if I can just cancel my ticket and get my money back ? (I assume I'd have to pay some fee).

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According to Lufthansa's website for "Baggage & Other Fees", the "Fare overview Economy Class" section states that a Flex II ticket refund is free and has no fee.

Lufthansa Fare overview Economy Class 2020

AussieJoe
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