Insurance premium payment gifts and how to send reminders

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Teri Plemel
Teri Plemel ✭
Tenth Anniversary Photogenic First Reply
in Blackbaud Raiser's Edge NXT®: General Discussion
Our organization has received a number of life insurance planned gifts. In many instances the donors send premiums directly to us as a charitable donation which we then use to pay the premium. I've been asked to come up with a methodology to generate reminders to donors about due dates for premium and their donation options. I talked to a rep at Blackbaud and they suggested handling it through Recurring Gifts rather than Pledges. 



I was wondering if any other organizations provide reminders to their donors for Recurring Gifts and if so, what their best practices might be. Do you receive insurance premium gifts? How do you handle them?



Thanks much!
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  • Holly Herbert
    Holly Herbert Blackbaud Employee
    Ancient Membership Facilitator 2 Name Dropper Photogenic
    Hi Teri! Great question! Here's a similar conversation in the community you might check out.
  • Jenny Norton
    Jenny Norton ✭
    Ancient Membership Facilitator 1 Photogenic
    We have ours set up as pledges because they were for a certain number of years.  If it was ongoing, I would use the recurring gifts.



    Jenny
  • Teri Plemel
    Teri Plemel ✭
    Tenth Anniversary Photogenic First Reply
    Thanks Holly, but that discussion doesn't have anything to do with my question. We already know how to enter the gifts we receive. We are interested in best practices around setting up and sending reminders for insurance premium gifts. 

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