The time  that defines when an individual might begin to make a PPI claim is laid out  within  the agreement that the person concerned agrees to when agreeing to the policy. There are varying different points that might  trigger a claim, and these should change  between policies.Plenty of us now hold PPI policies, but how do payment protection claims are payable? The defined circumstances in which you may claim should be highlighted in the policy terms, and should be properly explained to the buyer at the point of purchase.With the current reports  regarding  the manner  in which PPI policies were mis-sold in the past it will be  no surprise that great numbers of  people claim for  a PPI refund. Investigations uncovered that often people had been allocated policies that were not of any use to them.It may be quite possible that you were once mis sold payment protection insurance, and the clear alterations to the method by which it may be sold have colluded to do away with this problem. Many of us may be oblivious to the fact that they pay into a PPI policy because of the past problems.Numerous people are these days considering their PPI policies because of the recent revisions in the market, and looking for Mis Sold PPI claims has become very popular. Doing so should be simple and many such claims are more often than not successful these days.The financial authorities have  made changes with regard to the providing of PPI policies following complaints from many quarters, and we now see that PPI compensation is settled as  a regular occurrence as people seek refunds  for mis-sold policies.