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

Gap Insurance for Leased Cars

Gap Insurance for Leased Cars

If you’re thinking of leasing a new car, then you shouldn’t forget about gap insurance.

Preparing for the Expected

Preparing for the Expected

You can plan ahead to protect yourself and your family against the financial consequences of deteriorating health.

Annuity Comparison

Annuity Comparison

This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year.