PPI is an insurance often sold with a bank loan or credit card. It is purchased to protect your repayments should you find yourself unable to work for any reason, the general assumption being that your PPI will cover the repayments of your loan if you ever find yourself in this position. So it must be a good thing, yes? Well, actually it’s been discovered that a high percentage of PPI policies were in fact worthless, and would have been of little benefit to a person making a claim. In fact, many people who were sold PPI did not even know they had the policy!It’s quite easy to assess whether you may have been mis-sold payment protection insurance. If you can answer yes to any of the statements below you may be entitled to make a payment protection insurance claim.1. You didn’t ask for PPI but it was added to the policy anyway. 2. You were told the PPI was compulsory, or your loan or credit card will not be approved without it. 3. You were not made aware that PPI was optional, or you were not told you could shop around for it elsewhere. 4. You were unemployed, self-employed or retired when you took out the cover.So now you will have a good idea of whether or not you are in a position to reclaim payment protection insurance. The next question you are probably asking is “so what do I do about it?”. Well, you are now able to pursue a company to help you make your claim.A claims company will do all of the hard work for you. There are many around and most work on a no win, no fee policy. This means if your claim is unsuccessful you pay the claims company nothing, so you have nothing to lose! A good claims company will help you every step of the way so you do not have to deal with the bank yourself.Good luck with your claim!