According to the product overview tab this is USCG approved Type III PFD.
www.uscg.mil lists Type III as the following:
TYPE III PFDS / FLOTATION AIDS: For general boating or the specialized activity that is marked on the device such as water skiing, hunting, fishing, canoeing, kayaking and others. Good for calm, inland waters, or where there is a good chance for fast rescue. Designed so that wearing it will complement your boating activities:
Inherently Buoyant Type III PFDs
Inflatable Type III PFDs
Hybrid Type III PFDs