> ## Documentation Index
> Fetch the complete documentation index at: https://docs.coverfi.space/llms.txt
> Use this file to discover all available pages before exploring further.

# Premium Vault

> Contract for collecting non-refundable protection fees

The `premium_vault` acts as an intermediary collection pool for non-refundable fees paid by users when they purchase protection.

## Core Responsibilities

* **Fee Collection**: Receives the initial premium deducted from the user's total deposit.
* **Yield Routing**: Forwards accumulated fees to the `reserve_vault` to bolster the overall payout capacity of the system.
* **Engine Exclusivity**: Similar to other vaults, it only accepts commands routed through the `protection_engine`.