What is a Carrier? Carrier[kar-ee-er]noun1.The Carrier is the insurance company that provides a specific Policy and is the company that a policyholder will pay Premiums to. The Carrier is ultimately responsible to pay out Claims. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Surprises Making the most of surprises is a great reason to work with us. Is Term Life Insurance for You? Term insurance is the simplest form of life insurance. Here's how it works. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.