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 If a Tree Falls This handy video helps you stay prepared in case a fallen tree has damaged your house. Planning for the Expected You can plan ahead to protect yourself and your family against the financial consequences of deteriorating health. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.