4
ion)
MEMBER RENEWAL AND REINSTATEMENT
After a membership expires, how long is your association’s grace period for accessing member benefits?
LENGTH OF GRACE PERIOD Total (n = 709) Individual (n = 315)
Trade (n = 211)
Combination (n = 183)
One month
20% 47% 12%
20% 44% 11% 4% 2% 19%
16% 50% 14%
22% 47% 10%
2 to 3 months 4 to 6 months 7 to 12 months More than a year
3% 2%
5% 2%
1% 3%
We don’t offer a grace period
17%
14%
18%
LENGTH OF GRACE PERIOD BY RENEWAL RATE (IMOs)
Total (n = 276)
Less than 80% (n = 120)
80%+ (n = 156)
One month
20% 44% 12%
29% 37%
13% 50% 18%
2 to 3 months 4 to 6 months 7 to 12 months More than a year
3% 3% 1%
3% 1%
3% 2%
We don’t offer a grace period
19%
27%
13%
y Most associations offer a grace period; only 17% do not, consistent with 2018 reporting. y 66% of associations offer a grace period of up to three months, and 47% specifically offer a grace period of 2 to 3 months.
y Associations with a high renewal rate (80%+) are significantly more likely to offer a grace period than organizations with lower renewal rates (86% vs. 76%). - The difference is even greater for IMOs (87% vs. 73%). y Associations with higher new member renewal rates (60%+) are significantly more likely to offer a grace period for renewal (87% vs. 74%).
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