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 Question Thank you! Oops! Related Contents The Other Sure Thing Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared? What is Underwriting? Do you know what Underwriting is? Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.