If you are affected by the collapse of Monarch airlines, either scheduled to fly with them or are already abroad, you should check the advice on www.monarch.caa.co.uk. The Civil Aviation Authority also has a 24-hour helpline: 0300 303 2800 from the UK and Ireland and +44 1753 330330 from overseas.
If you have booked to travel with Monarch you should also talk to your travel agent or tour operator. Where alternative travel plans are made any existing travel insurance policy can usually be transferred to cover the new arrangements. While standard travel insurance policies do not usually cover the failure of the air carrier, this cover can be purchased separately.”