Joint life policy at surrender value

what is the logic behind calculation of joint life policy at surrender value??
what is the meaning of bringing down policy at surrender value??
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Quick Summary
This discussion delves into the calculation of surrender values for joint life policies. It aims to clarify the underlying logic and the meaning of surrendering a policy at its current value. The user is seeking a detailed explanation and a practical example to understand how to calculate the 'till date' value of their policy.

To calculate Till date value
Please explain me with detailed example

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