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Separate Accounts, Death Benefits and Other Insurance Benefit Features and Embedded Product Derivatives - Narrative (Details) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Insurance [Abstract]      
Assets fair value and carrying amount $ 2,700,000,000phlvic_AssetsSupportingFixedIndexedAnnuitiesFairValue   $ 2,600,000,000phlvic_AssetsSupportingFixedIndexedAnnuitiesFairValue
Fair value of embedded derivatives 166,900,000phlvic_FairValueOfEmbeddedDerivatives   153,900,000phlvic_FairValueOfEmbeddedDerivatives
Embedded derivatives gains and (losses) recognized in earnings $ (10,200,000)phlvic_EmbeddedDerivativesGainsAndLossesRecognizedInEarnings $ (12,900,000)phlvic_EmbeddedDerivativesGainsAndLossesRecognizedInEarnings