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 Coaches Coaches have helped you your whole life, in ways big and small. We’d like to be one of them. Assess Life Insurance Needs How to help determine life insurance needs to provide for your family after you pass away. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.