It would be great if we could create separate reminder emails for each product. There are some products we sell which have third party services (web site hosting, for example) that we terminate after a payment is overdue by a certain number of days, while others are services we provide directly (such as copywriting).

The idea is that we could then include a notice that "your hosting account will be terminated..." for those kinds of products, while that isn't necessary for the other ones.