a safety flotation device comprising an emergency rescue and life saving buoy for boats which is formed of a flotation body having a ring - type , hollow plastic body generally filled with lightweight plastic foam and which also includes compartments for tethering lines , flares , beacon light and the like . the device is also provided with hand grips and hand grip ropes around the sides of the flotation body . all lines are secured to the body and tether lines include hooks or clips . the compartment for flares is covered .