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BUSINESS SEGMENTS (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Fee revenue and other income $ 10.5 $ 12.9 $ 38.7 $ 44.7
Total revenues 991.3 909.3 2,907.6 2,815.4
Expenses:        
Insurance policy benefits 609.8 582.1 1,861.2 1,756.4
Other operating costs and expenses 187.3 190.3 603.5 570.4
Total expenses 893.0 821.5 2,632.3 2,540.8
Pre-tax operating earnings 98.3 87.8 275.3 274.6
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Abstract]        
Total segment revenues 991.3 909.3 2,907.6 2,815.4
Net realized investment gains (losses) 11.6 (19.6) 23.3 (20.8)
Revenues related to certain non-strategic investments and earnings attributable to VIEs 13.0 9.8 39.3 27.7
Fee revenue related to transition and support services agreements 0.0 5.0 10.0 20.0
Total revenues 1,015.9 904.5 2,980.2 2,842.3
Total segment expenses 893.0 821.5 2,632.3 2,540.8
Insurance policy benefits - fair value changes in embedded derivative liabilities (12.1) 20.5 47.0 3.4
Amortization related to fair value changes in embedded derivative liabilities 2.7 (4.8) (10.4) (0.7)
Amortization related to net realized investment gains 0.2 (0.6) 0.9 (0.5)
Expenses related to certain non-strategic investments and expenses attributable to VIEs 13.7 10.1 40.5 32.6
Fair value changes and amendment related to agent deferred compensation plan (6.3) 0.0 12.0 0.0
Loss on extinguishment of debt 0.0 0.0 0.0 32.8
Loss on reinsurance transaction 75.4 0.0 75.4 0.0
Transition expenses 0.0 0.0 0.0 9.0
Expenses related to transition and support services agreements 0.0 5.4 10.0 17.5
Total benefits and expenses 966.6 852.1 2,807.7 2,634.9
Income before income taxes 49.3 52.4 172.5 207.4
Tax expense on period income 16.9 18.6 61.7 74.0
Valuation allowance for deferred tax assets and other tax items 13.8 0.0 (13.2) 0.0
Net income 18.6 33.8 124.0 133.4
Operating segments [Member] | Bankers Life [Member]        
Revenues:        
Annuities 6.8 5.2 17.4 17.0
Health 310.3 311.6 933.3 940.5
Life 96.6 95.7 295.8 281.6
Net investment income 244.7 196.3 686.8 648.0
Fee revenue and other income 9.6 7.0 23.5 19.8
Total revenues 668.0 615.8 1,956.8 1,906.9
Expenses:        
Insurance policy benefits 427.1 386.1 1,240.9 1,202.1
Amortization 43.8 44.1 135.3 143.4
Interest expense on investment borrowings 3.5 2.2 9.4 6.4
Other operating costs and expenses 105.5 103.6 312.2 306.6
Total expenses 579.9 536.0 1,697.8 1,658.5
Pre-tax operating earnings 88.1 79.8 259.0 248.4
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Abstract]        
Total segment revenues 668.0 615.8 1,956.8 1,906.9
Total segment expenses 579.9 536.0 1,697.8 1,658.5
Operating segments [Member] | Washington National [Member]        
Revenues:        
Annuities 1.2 0.7 2.3 2.3
Health 156.9 155.0 469.1 459.9
Life 6.3 6.4 18.6 19.0
Net investment income 67.1 58.4 191.3 187.1
Fee revenue and other income 0.4 0.3 1.0 1.0
Total revenues 231.9 220.8 682.3 669.3
Expenses:        
Insurance policy benefits 144.5 129.8 422.0 408.8
Amortization 14.3 13.5 44.5 42.5
Interest expense on investment borrowings 0.9 0.5 2.5 1.4
Other operating costs and expenses 47.0 46.4 140.3 137.4
Total expenses 206.7 190.2 609.3 590.1
Pre-tax operating earnings 25.2 30.6 73.0 79.2
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Abstract]        
Total segment revenues 231.9 220.8 682.3 669.3
Total segment expenses 206.7 190.2 609.3 590.1
Operating segments [Member] | Colonial Penn [Member]        
Revenues:        
Health 0.6 0.7 2.0 2.3
Life 70.3 65.3 208.5 194.6
Net investment income 11.1 10.5 33.0 32.0
Fee revenue and other income 0.2 0.2 0.8 0.7
Total revenues 82.2 76.7 244.3 229.6
Expenses:        
Insurance policy benefits 50.3 45.7 151.3 142.1
Amortization 3.7 3.6 11.3 10.9
Interest expense on investment borrowings 0.1 0.0 0.4 0.0
Other operating costs and expenses 27.2 26.8 84.2 77.7
Total expenses 81.3 76.1 247.2 230.7
Pre-tax operating earnings 0.9 0.6 (2.9) (1.1)
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Abstract]        
Total segment revenues 82.2 76.7 244.3 229.6
Total segment expenses 81.3 76.1 247.2 230.7
Corporate [Member]        
Revenues:        
Net investment income 6.7 (6.1) 16.6 3.4
Fee revenue and other income 2.5 2.1 7.6 6.2
Total revenues 9.2 (4.0) 24.2 9.6
Expenses:        
Interest expense on corporate debt 11.5 11.3 34.3 33.7
Interest expense on investment borrowings 0.0 0.1 0.0 0.2
Other operating costs and expenses 13.6 7.8 43.7 27.6
Total expenses 25.1 19.2 78.0 61.5
Pre-tax operating earnings (15.9) (23.2) (53.8) (51.9)
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Abstract]        
Total segment revenues 9.2 (4.0) 24.2 9.6
Total segment expenses $ 25.1 $ 19.2 $ 78.0 $ 61.5