Boat safety equipment is essential for ensuring the safety of everyone on board. Key items include life jackets, which should be worn by all passengers, and a first aid kit for treating minor injuries. Additionally, having a fire extinguisher on hand is crucial for preventing and managing onboard fires. Other important equipment includes flares for signaling distress, a whistle or horn for communication, and a throwable flotation device for emergencies. It's also advisable to have a marine radio for communication with other boats and emergency services. Regularly checking and maintaining this equipment can help ensure a safe boating experience.