The present disclosure is directed to a slip-on device for creating a safety strap anchor point on a hand tool or other object. The invention comprises a pliable core that is captured by a wheel made of a rigid material. The core has a star-shaped, or other shaped opening, configured to accept an object. The inserted object is compressed against the features of the opening, and the pliable core is thus compressed against the rigid wheel, allowing a firm anchor point to be established. A loop member is rotationally attached to the rigid wheel to provide a location to attach a safety strap by carabineer or other method.