Speaking of bilge alarms, I just had this custom panel made for the boat that I am about to install. All I am doing is running a lead from the light on the existing auto/manual panel switch of each bilge to this new panel. It has a piezo electric buzzer built in and I had them add a 2-minute delay so that it will not go off every time a bilge pump cycles. When a bilge pump cycles only the corresponding light will turn on but if for some reason the pump cannot evacuate the bilge in 2 minutes time, the alarm will then sound. This is a bilge alarm, not a high water alarm. This will be wired to the 5" bilge switches so that I will be alerted to any condition that the bilge pumps cannot handle BEFORE it ever gets to the 12" high water alarms. I also had them add a terminal on the back for an external alarm that I will install in the Master.
Besides the extra time this bilge panel will provide, an added benefit to this setup is that it will monitor more than just the forward and aft bilge compartments where the 12" high water alarms are located because it will also monitor the four other bilges in the boat for me in case there is a problem.