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 | Related Content The Best of Both Worlds Here are a few reasons we’ve chosen to be independent. Did You Know This Fact About the Claims Process? Claims can be left open as long as you need. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.