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 Assess Your Life Insurance Needs This calculator estimates how much life insurance you would need to meet your family's needs if you were to die prematurely. Dog Bites Neighbor. Now What? Even dogs have bad days. So, what happens when your dog bites a neighbor or passing pedestrian?