Life-boat dream meaning is explained below using 2 different sources. Each interpretation is shown with its source.
Interpretation 1 — Gustavus Hindman Miller
To dream of being in a life-boat, denotes escape from threatened evil.
To see a life-boat sinking, friends will contribute to your distress.
To be lost in a life-boat, you will be overcome with trouble, in which your friends will be included to some extent.
If you are saved, you will escape a great calamity.
Source: Ten Thousand Dream Interpretation • Author: Gustavus Hindman Miller
Interpretation 2 — Katherine Taylor Craig
A dream prognosticating success at the last moment (Raphael).
Source: The Fabric of Dream • Author: Katherine Taylor Craig