 After five years in prison for insurance fraud the sailor Lanarsky (Jeff Fahey) is released. Together with his buddy Bone (David Keith) he gets a job as seamen onboard the yacht owned by the wife (Alison Doody) of his insurance fraud-partner Michael Reddick (Philip Casnoff). Lanarsky has a question to his former partner who he thinks tried to cheat him. But Michael Reddich himself has another insurance plan ready where he will kill everybody onboard the yacht, blow it up and then claim the life-insurance for his wife. But Lanarsky and the wife Lee escape and follow Michael to the nearby Cayman Island where the final showdown takes place.