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 Snapshots Your life is marked by images. Prepare for the unexpected, so you can keep those pictures going. The Value of Insuring Against Life’s Risks Building wealth requires protection from the forces of wealth destruction. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.