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INCOME TAXES (Schedule of Effective Income Tax Rate Reconciliation) (Details)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Income Tax Disclosure [Abstract]    
Federal income tax rate applied to pre-tax income/loss 21.00% 34.00%
Dividends received deduction and tax-exempt interest (2.40%) 5.80%
Company owned life insurance 7.40% 3.40%
Small life deduction (0.00%) 30.70%
Pre-1984 policyholder surplus account at current statutory rate (0.00%) (76.90%)
Other, net 0.90% (5.00%)
Effective federal income tax rate 26.90% (8.00%)