Insurance

What is a Carrier?

Carrier

[kar-ee-er]

noun

1.

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.

Have A Question About This Topic?

Thank you! Oops!

Related Content

Why Do You Need Auto Liability Insurance?

Why Do You Need Auto Liability Insurance?

What is Auto Liability? Discover how important this coverage really is.

The Five Basics of Financial Literacy

The Five Basics of Financial Literacy

How literate are you when it comes to your finances? Brush up with these five basics.

Variable Universal Life Insurance

Variable Universal Life Insurance

Variable Universal Life is permanent insurance in which the policyholder directs how premiums are invested.