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MORTGAGE LOANS (Details) (USD $)
3 Months Ended
Mar. 31, 2015
Mortgage loans  
Mortgage loan holdings 5,589,795,000us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
Amount that would become due in remainder of 2015, if loans are called at their next call dates 168,800,000plico_MortgageLoansOnRealEstateIfCalledDueInRemainderOfFiscalYear
Amount that would become due in 2016 through 2020, if loans are called at their next call dates 950,400,000plico_MortgageLoansOnRealEstateIfCalledDueYearTwoThroughSix
Amount that would become due in 2021 through 2025, if loans are called at their next call dates 381,200,000plico_MortgageLoansOnRealEstateIfCalledDueYearSevenToEleven
Amount that would become due after 2025, if loans are called at their next call dates 119,600,000plico_MortgageLoansOnRealEstateIfCalledDueAfterElevenYears
Minimum  
Mortgage loans  
Period for exercise of call options or interest rate reset options 3 years
Maximum  
Mortgage loans  
Period for exercise of call options or interest rate reset options 10 years