The FSMA has published an opinion (available in French – Dutch only) on the consequences of opting, upon exit, to maintain death insurance cover corresponding to the amount of the acquired reserves. The FSMA considers that the consequences of this choice for the future evolution of those reserves should be subject to strict interpretation. According to the FSMA, the recalculation provided for by law is amied solely at neutralizing the effect of mortality risk.
Source: FSMA