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 When the Unexpected Becomes Reality Disability happens to more people, more often than you may think, and it lasts longer, too. Does Your Credit Score Affect Your Insurance Rates? Your credit score may influence how much you pay for auto and home insurance. Don't Myth Out on Whole Life There are a lot of myths around whole life. Get the facts here.