An inflatable life raft assembly is disclosed, including a deployable and inflatable life raft that a user can voluntarily and repeatedly deploy from a storage carrier, inflate for use, and fold back into the container after use. The carrier is integrally formed with or permanently attached to the inflatable life raft. A compressed gas cylinder can assist the user in inflating the life raft. The storage carrier can automatically open when the life raft inflates, by pressure exerted from within the carrier by the expanding life raft. The inflatable life raft includes weight inserts to render the life raft assembly throwable, both when the life raft is folded and stored in the carrier, and when the life raft is deployed and inflated, greatly assisting a user in tossing or throwing the life raft to a person in need of a floating aid.
