XML 28 R71.htm IDEA: XBRL DOCUMENT v2.4.1.9
FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 3) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Embedded derivative - GMWB | Actuarial cash flow model    
Unobservable Input    
Policies that have a one-time over-utilization rate of a specified amount (as a percent) 10.00%plico_PoliciesWithOneTimeOverUtilizationRateOfSpecifiedAmountPercent
/ us-gaap_FairValueByAssetClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Specified level of one-time over-utilization (as a percent) 400.00%plico_SpecifiedLevelOfOneTimeOverUtilizationRatePercent
/ us-gaap_FairValueByAssetClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Level 3    
Unobservable Input    
Financial instruments that are valued using broker quotes 234,800,000plico_FinancialInstrumentsValuedUsingBrokerQuotesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
 
Financial instruments with book value approximating to fair value 66,700,000us-gaap_FinancialInstrumentsOwnedOtherAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
 
Level 3 | Other asset-backed securities    
Valuation of Level 3 Financial Instruments    
Fair Value of Assets 600,073,000us-gaap_AssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
 
Unobservable Input    
Financial instruments that are valued using broker quotes 170,600,000plico_FinancialInstrumentsValuedUsingBrokerQuotesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
 
Level 3 | Equity securities    
Unobservable Input    
Financial instruments with book value approximating to fair value 66,700,000us-gaap_FinancialInstrumentsOwnedOtherAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_EquitySecuritiesMember
 
Level 3 | Discounted cash flow | Other asset-backed securities | Minimum    
Unobservable Input    
Liquidity premium (as a percent) 0.52%plico_FairValueInputsLiquidityPremium
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
 
Paydown rate (as a percent) 9.70%plico_FairValueInputsPaydownRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
 
Level 3 | Discounted cash flow | Other asset-backed securities | Maximum    
Unobservable Input    
Liquidity premium (as a percent) 1.50%plico_FairValueInputsLiquidityPremium
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
 
Paydown rate (as a percent) 16.93%plico_FairValueInputsPaydownRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
 
Level 3 | Discounted cash flow | Other asset-backed securities | Weighted Average    
Unobservable Input    
Liquidity premium (as a percent) 0.91%plico_FairValueInputsLiquidityPremium
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
 
Paydown rate (as a percent) 12.22%plico_FairValueInputsPaydownRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
 
Level 3 | Embedded derivative - GMWB    
Valuation of Level 3 Financial Instruments    
Fair Value of Assets 10,839,000us-gaap_AssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeGMWBMember
 
Level 3 | Annuity account    
Valuation of Level 3 Financial Instruments    
Fair Value of Liabilities 97,108,000us-gaap_LiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
 
Level 3 | Annuity account | Actuarial cash flow model    
Unobservable Input    
Expenses per policy 80plico_FairValueInputsAssetExpenseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Withdrawal rate (as a percent) 2.20%plico_FairValueInputsAssetWithdrawalRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Level 3 | Annuity account | Actuarial cash flow model | Minimum    
Unobservable Input    
Lapse (as a percent) 2.20%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Nonperformance risk (as a percent) 0.14%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Asset earned rate (as a percent) 3.71%plico_FairValueInputsAssetEarnedRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Return on assets (as a percent) 1.50%plico_FairValueInputsAssetInvestmentYield
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Level 3 | Annuity account | Actuarial cash flow model | Maximum    
Unobservable Input    
Lapse (as a percent) 33.00%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Nonperformance risk (as a percent) 0.99%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Asset earned rate (as a percent) 5.77%plico_FairValueInputsAssetEarnedRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Return on assets (as a percent) 1.85%plico_FairValueInputsAssetInvestmentYield
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Level 3 | Embedded derivative - FIA    
Valuation of Level 3 Financial Instruments    
Fair Value of Liabilities 83,119,000us-gaap_LiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
 
Level 3 | Embedded derivative - FIA | Actuarial cash flow model    
Unobservable Input    
Expenses per policy 80plico_FairValueInputsAssetExpenseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Level 3 | Embedded derivative - FIA | Actuarial cash flow model | Minimum    
Unobservable Input    
Lapse (as a percent) 2.50%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Nonperformance risk (as a percent) 0.14%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Withdrawal rate (as a percent) 1.10%plico_FairValueInputsAssetWithdrawalRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Level 3 | Embedded derivative - FIA | Actuarial cash flow model | Maximum    
Unobservable Input    
Lapse (as a percent) 40.00%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Nonperformance risk (as a percent) 0.99%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Withdrawal rate (as a percent) 4.50%plico_FairValueInputsAssetWithdrawalRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Level 3 | Embedded derivative - IUL    
Valuation of Level 3 Financial Instruments    
Fair Value of Liabilities 8,599,000us-gaap_LiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
 
Level 3 | Embedded derivative - IUL | Actuarial cash flow model | Minimum    
Unobservable Input    
Mortality (as a percent) 44.00%plico_FairValueInputsMortalityRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Lapse (as a percent) 0.50%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Nonperformance risk (as a percent) 0.14%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Level 3 | Embedded derivative - IUL | Actuarial cash flow model | Maximum    
Unobservable Input    
Mortality (as a percent) 137.00%plico_FairValueInputsMortalityRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Lapse (as a percent) 10.00%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Nonperformance risk (as a percent) 0.99%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Level 3 | Corporate securities    
Valuation of Level 3 Financial Instruments    
Fair Value of Assets 1,238,548,000us-gaap_AssetsFairValueDisclosure
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_CorporateBondSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
 
Unobservable Input    
Financial instruments that are valued using broker quotes 64,200,000plico_FinancialInstrumentsValuedUsingBrokerQuotesFairValueDisclosure
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_CorporateBondSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
 
Level 3 | Corporate securities | Discounted cash flow | Minimum    
Unobservable Input    
Spread over treasury (as a percent) 0.53%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_CorporateBondSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
 
Level 3 | Corporate securities | Discounted cash flow | Maximum    
Unobservable Input    
Spread over treasury (as a percent) 14.07%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_CorporateBondSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
 
Level 3 | Corporate securities | Discounted cash flow | Weighted Average    
Unobservable Input    
Spread over treasury (as a percent) 2.45%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_CorporateBondSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
 
Level 3 | Embedded derivative - GMWB | Actuarial cash flow model    
Unobservable Input    
Utilization (as a percent) 99.00%plico_FairValueInputsUtilizationRate
/ us-gaap_FairValueByAssetClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Level 3 | Embedded derivative - GMWB | Actuarial cash flow model | Minimum    
Unobservable Input    
Lapse (as a percent) 0.29%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByAssetClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Nonperformance risk (as a percent) 0.14%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByAssetClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Level 3 | Embedded derivative - GMWB | Actuarial cash flow model | Maximum    
Unobservable Input    
Lapse (as a percent) 17.00%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByAssetClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Nonperformance risk (as a percent) 0.99%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByAssetClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
 
Predecessor | Level 3    
Unobservable Input    
Financial instruments that are valued using broker quotes   237,200,000plico_FinancialInstrumentsValuedUsingBrokerQuotesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Financial instruments with book value approximating to fair value   70,400,000us-gaap_FinancialInstrumentsOwnedOtherAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Level 3 | Other asset-backed securities    
Valuation of Level 3 Financial Instruments    
Fair Value of Assets   563,752,000us-gaap_AssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Unobservable Input    
Financial instruments that are valued using broker quotes   169,700,000plico_FinancialInstrumentsValuedUsingBrokerQuotesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Level 3 | Equity securities    
Unobservable Input    
Financial instruments with book value approximating to fair value   66,700,000us-gaap_FinancialInstrumentsOwnedOtherAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Level 3 | Fixed maturities    
Unobservable Input    
Financial instruments with book value approximating to fair value   3,700,000us-gaap_FinancialInstrumentsOwnedOtherAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_DebtSecuritiesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Level 3 | Discounted cash flow | Other asset-backed securities | Minimum    
Unobservable Input    
Liquidity premium (as a percent)   0.39%plico_FairValueInputsLiquidityPremium
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
Paydown rate (as a percent)   9.70%plico_FairValueInputsPaydownRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
Predecessor | Level 3 | Discounted cash flow | Other asset-backed securities | Maximum    
Unobservable Input    
Liquidity premium (as a percent)   1.49%plico_FairValueInputsLiquidityPremium
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/ us-gaap_InvestmentTypeAxis
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/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
Paydown rate (as a percent)   15.80%plico_FairValueInputsPaydownRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
Predecessor | Level 3 | Discounted cash flow | Other asset-backed securities | Weighted Average    
Unobservable Input    
Liquidity premium (as a percent)   0.69%plico_FairValueInputsLiquidityPremium
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
Paydown rate (as a percent)   12.08%plico_FairValueInputsPaydownRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InvestmentTypeAxis
= us-gaap_AssetBackedSecuritiesSecuritizedLoansAndReceivablesMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
Predecessor | Level 3 | Embedded derivative - GMWB    
Valuation of Level 3 Financial Instruments    
Fair Value of Liabilities   25,927,000us-gaap_LiabilitiesFairValueDisclosure
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/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Level 3 | Embedded derivative - GMWB | Actuarial cash flow model | Minimum    
Unobservable Input    
Mortality (as a percent)   44.50%plico_FairValueInputsMortalityRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Lapse (as a percent)   0.25%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Utilization (as a percent)   97.00%plico_FairValueInputsUtilizationRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Nonperformance risk (as a percent)   0.12%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Predecessor | Level 3 | Embedded derivative - GMWB | Actuarial cash flow model | Maximum    
Unobservable Input    
Mortality (as a percent)   100.00%plico_FairValueInputsMortalityRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Lapse (as a percent)   17.00%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Utilization (as a percent)   101.00%plico_FairValueInputsUtilizationRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Nonperformance risk (as a percent)   0.96%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeGMWBMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Predecessor | Level 3 | Annuity account    
Valuation of Level 3 Financial Instruments    
Fair Value of Liabilities   97,825,000us-gaap_LiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Level 3 | Annuity account | Actuarial cash flow model    
Unobservable Input    
Withdrawal rate (as a percent)   2.20%plico_FairValueInputsAssetWithdrawalRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Predecessor | Level 3 | Annuity account | Actuarial cash flow model | Minimum    
Unobservable Input    
Mortality (as a percent)   49.00%plico_FairValueInputsMortalityRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Lapse (as a percent)   2.20%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Nonperformance risk (as a percent)   0.12%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
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/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Asset earned rate (as a percent)   3.86%plico_FairValueInputsAssetEarnedRate
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= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
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/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Expenses per policy   88plico_FairValueInputsAssetExpenseRate
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= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Return on assets (as a percent)   1.50%plico_FairValueInputsAssetInvestmentYield
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= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Predecessor | Level 3 | Annuity account | Actuarial cash flow model | Maximum    
Unobservable Input    
Mortality (as a percent)   80.00%plico_FairValueInputsMortalityRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Lapse (as a percent)   33.00%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Nonperformance risk (as a percent)   0.96%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Asset earned rate (as a percent)   5.92%plico_FairValueInputsAssetEarnedRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Expenses per policy   102plico_FairValueInputsAssetExpenseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Return on assets (as a percent)   1.85%plico_FairValueInputsAssetInvestmentYield
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= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Predecessor | Level 3 | Embedded derivative - FIA    
Valuation of Level 3 Financial Instruments    
Fair Value of Liabilities   124,465,000us-gaap_LiabilitiesFairValueDisclosure
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= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Level 3 | Embedded derivative - FIA | Actuarial cash flow model | Minimum    
Unobservable Input    
Mortality (as a percent)   49.00%plico_FairValueInputsMortalityRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Lapse (as a percent)   2.50%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Nonperformance risk (as a percent)   0.12%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Expenses per policy   83plico_FairValueInputsAssetExpenseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Withdrawal rate (as a percent)   1.10%plico_FairValueInputsAssetWithdrawalRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Predecessor | Level 3 | Embedded derivative - FIA | Actuarial cash flow model | Maximum    
Unobservable Input    
Mortality (as a percent)   80.00%plico_FairValueInputsMortalityRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Lapse (as a percent)   40.00%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Nonperformance risk (as a percent)   0.96%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Expenses per policy   97plico_FairValueInputsAssetExpenseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Withdrawal rate (as a percent)   4.50%plico_FairValueInputsAssetWithdrawalRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeFIAMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Predecessor | Level 3 | Embedded derivative - IUL    
Valuation of Level 3 Financial Instruments    
Fair Value of Liabilities   6,691,000us-gaap_LiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Level 3 | Embedded derivative - IUL | Actuarial cash flow model | Minimum    
Unobservable Input    
Mortality (as a percent)   37.00%plico_FairValueInputsMortalityRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Lapse (as a percent)   0.50%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Nonperformance risk (as a percent)   0.12%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Predecessor | Level 3 | Embedded derivative - IUL | Actuarial cash flow model | Maximum    
Unobservable Input    
Mortality (as a percent)   74.00%plico_FairValueInputsMortalityRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Lapse (as a percent)   10.00%plico_FairValueInputsLapseRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Nonperformance risk (as a percent)   0.96%us-gaap_FairValueInputsCounterpartyCreditRisk
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByLiabilityClassAxis
= plico_EmbeddedDerivativeIulMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_ActuarialCashFlowValuationTechniqueMember
Predecessor | Level 3 | Corporate securities    
Valuation of Level 3 Financial Instruments    
Fair Value of Assets   1,282,864,000us-gaap_AssetsFairValueDisclosure
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_CorporateBondSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Unobservable Input    
Financial instruments that are valued using broker quotes   67,500,000plico_FinancialInstrumentsValuedUsingBrokerQuotesFairValueDisclosure
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_CorporateBondSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Level 3 | Corporate securities | Discounted cash flow | Minimum    
Unobservable Input    
Spread over treasury (as a percent)   0.33%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_CorporateBondSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
Predecessor | Level 3 | Corporate securities | Discounted cash flow | Maximum    
Unobservable Input    
Spread over treasury (as a percent)   7.50%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_CorporateBondSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember
Predecessor | Level 3 | Corporate securities | Discounted cash flow | Weighted Average    
Unobservable Input    
Spread over treasury (as a percent)   2.19%us-gaap_FairValueInputsDiscountRate
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_CorporateBondSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
/ us-gaap_ValuationTechniqueAxis
= plico_DiscountedCashFlowValuationTechniqueMember