To dream of being in a lifeboat symbolizes a situation in which you will have to defend your reputation. Also, click to see other meanings of this dream.Lifeboat Saves one from drowning in their sea of troubles; see “lifeguard” and “boat”Lifeboat 1. Security, a backup plan. 2. Success over difﬁcult or trying times, possibly great adversity. 3. A project or situation is seriously wrong. 4. Difﬁculties in the ofﬁng.