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Ring of nine lives

(Magic Item Compendium, page 126)

Price (Item Level): 45,000 gp (17th)
Body Slot: Ring
Caster Level: 13th
Aura: Strong; (DC 21) no school
Activation: — and immediate (command)
Weight:

The stylized face of a contemplative cat adorns this ivory ring. Two tiny emeralds glimmer within the cat’s eyes.

If you ever drop to 0 hit points or below, a ring of nine lives expends one of its charges to heal 20 points of damage. This effect triggers automatically, requiring no action on your part.
Also, once per day as an immediate action, you can expend a charge when you fail a saving throw to treat the saving throw as a success.
A ring of nine lives has 9 charges when created, but most are discovered with only 2d4 charges left.

Prerequisites: Forge Ring, heal, limited wish.
Cost to Create: 22,500 gp, 1800 XP, 45 days.