For some reason she wants to get me back, go figure.
Until you pay the life insurance renewal, that is...
How do these guidelines compare to EC? I think EC does a good job of reinforcing that they are not going to babysit you (aka "don't call us if you have a problem").
A PWC emergency kit has 3 flares, whistle, and floating marker. Add a dye marker and mirror and it all fits in a leg pocket.
Obviously not good if you're far from shore (where an EPIRB might do far better), other boats, or unconscious, but it's a relatively cheap low-tech backup plan.