> For the complete documentation index, see [llms.txt](https://docs.tidal.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tidal.finance/getting-started/cover-premium-distribution.md).

# Premium Distribution

The premium collected from policyholders is automatically split into weeks and distributed to collateral providers and the pool manager every Sunday (UTC 00:00). For example, if Alice purchased 10 weeks of coverage for $100, 10 USD will be distributed every Sunday beginning the first Sunday after Alice's purchase, a total of ten times.