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DEFERRED POLICY ACQUISITION COSTS AND VALUE OF BUSINESS ACQUIRED (Details) (USD $)
In Thousands, unless otherwise specified
2 Months Ended 3 Months Ended 1 Months Ended 12 Months Ended
Mar. 31, 2015
Mar. 31, 2015
Jan. 31, 2015
Dec. 31, 2014
Balances and changes in DAC        
Capitalization of commissions, sales and issue expenses $ 49,851plico_DeferredPolicyAcquisitionCostsAdditionsExcludingUnrealizedInvestmentGainsAndLosses      
Amortization (1,833)us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense      
Balance, end of period 48,018us-gaap_DeferredPolicyAcquisitionCosts 48,018us-gaap_DeferredPolicyAcquisitionCosts    
Balances and changes in VOBA        
Balance, beginning of period 1,278,063us-gaap_ValueOfBusinessAcquiredVOBA      
Amortization (26,203)us-gaap_PresentValueOfFutureInsuranceProfitsAmortizationExpense1      
Change in unrealized gains and losses 16,468plico_PresentValueOfFutureInsuranceProfitsUnrealizedInvestmentGainsLosses      
Balance, end of period 1,268,328us-gaap_ValueOfBusinessAcquiredVOBA 1,268,328us-gaap_ValueOfBusinessAcquiredVOBA    
Expected amortization of VOBA for the next five years        
2015   111,538us-gaap_ExpectedAmortizationExpenseOfEndingPresentValueOfFutureInsuranceProfitsYearOne    
2016   141,689us-gaap_ExpectedAmortizationExpenseOfEndingPresentValueOfFutureInsuranceProfitsYearTwo    
2017   131,556us-gaap_ExpectedAmortizationExpenseOfEndingPresentValueOfFutureInsuranceProfitsYearThree    
2018   116,248us-gaap_ExpectedAmortizationExpenseOfEndingPresentValueOfFutureInsuranceProfitsYearFour    
2019   97,335us-gaap_ExpectedAmortizationExpenseOfEndingPresentValueOfFutureInsuranceProfitsYearFive    
Predecessor        
Balances and changes in DAC        
Balance, beginning of period   2,653,065us-gaap_DeferredPolicyAcquisitionCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
2,653,065us-gaap_DeferredPolicyAcquisitionCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
2,720,604us-gaap_DeferredPolicyAcquisitionCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Capitalization of commissions, sales and issue expenses     22,820plico_DeferredPolicyAcquisitionCostsAdditionsExcludingUnrealizedInvestmentGainsAndLosses
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
293,672plico_DeferredPolicyAcquisitionCostsAdditionsExcludingUnrealizedInvestmentGainsAndLosses
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Amortization     1,080us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(194,517)us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Change in unrealized investment gains and losses     (96,830)plico_DeferredPolicyAcquisitionCostsIncreaseDecreaseInUnrealizedInvestmentGainsAndLosses
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(166,694)plico_DeferredPolicyAcquisitionCostsIncreaseDecreaseInUnrealizedInvestmentGainsAndLosses
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Balance, end of period     2,580,135us-gaap_DeferredPolicyAcquisitionCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
2,653,065us-gaap_DeferredPolicyAcquisitionCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Balances and changes in VOBA        
Balance, beginning of period   501,981us-gaap_ValueOfBusinessAcquiredVOBA
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
501,981us-gaap_ValueOfBusinessAcquiredVOBA
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
756,018us-gaap_ValueOfBusinessAcquiredVOBA
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Amortization     (5,895)us-gaap_PresentValueOfFutureInsuranceProfitsAmortizationExpense1
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(113,803)us-gaap_PresentValueOfFutureInsuranceProfitsAmortizationExpense1
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Change in unrealized gains and losses     (79,417)plico_PresentValueOfFutureInsuranceProfitsUnrealizedInvestmentGainsLosses
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(140,234)plico_PresentValueOfFutureInsuranceProfitsUnrealizedInvestmentGainsLosses
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Balance, end of period     $ 416,669us-gaap_ValueOfBusinessAcquiredVOBA
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
$ 501,981us-gaap_ValueOfBusinessAcquiredVOBA
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember