RupertW
Well-known member
The right answer is to carry a liferaft.
We would never follow your logic in the real world, rather than the yottie one. Assiming that money is finite a sensible person looks at the likely hazards and chooses spend on the areas which are most likely to reduce risk to yacht and to crew.
By any logical assessment anything which reduces the chances of you needing a liferaft is far more valuable than the liferaft which is questionable on successful deployment and use in anything but very calm conditions. If you really want to spend on emergency equipment then as another thread stated the chances are that you would reduce risk of death far more by buying a defibrillator than a liferaft.
Ships have many things that yachts don't, commercial yachts are regulated by people who want to count and tick things off, so I don't see how they apply to an owners requirement to use their budget to achieve the safest sailing.