"LiFePO4 cells are incombustible, which is an important feature in the event of mishandling during charging or discharging. They can also withstand freezing cold, scorching heat, and rough terrain. When subjected to hazardous events such as collision or short-circuiting, they won’t explode or catch fire. Also, LiFePO4 batteries are non-toxic, non-contaminating and contain no rare earth metals and no cobalt or nickel, making them an environmentally friendly choice." -- relionbattery.com
Regarding the meaning of "incombustible", it's reasonable to follow the advice of Will Prowse.
He says a LiFePO4 battery is like metal box full of wood. It's stable and is not going to spontaneously combust or explode. Of course, if the entire boat is already a bonfire, then you could make it burn.
Caveat emptor: when purchased from a reputable dealer.