A safety device for attachment to a flotation device is disclosed comprising a light source, a housing, an actuator mounted within the housing and slideable between a first position wherein the light source is not illuminated and a second position wherein the light source is illuminated. The actuator further comprises a raised boss engageable from outside of the housing, a lanyard at least a portion of which is outside of the housing and a water activated switch wherein when the device is submerged in water, the water activated switch completes an electrical circuit illuminating said light source. The lanyard is releasably connected to an end of the actuator using a separable interconnection assembly. When the lanyard is pulled, the actuator moves from the first position to the second position and on reaching the second position the separable interconnection assembly separates thereby disengaging the lanyard from the actuator. An electrical circuit is completed illuminating the light source and the actuator may be reversed from the second position back into the first position using the raised boss thereby extinguishing the light source.