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? Address Thank you! Oops! Related Contents Forecast Life is as unpredictable as the weather. We’d love to help you prepare. Did You Know This Fact About Parking in a Garage? Save money by parking your car in your garage. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.