Abstract: 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.