The most common and most likely answer to this crossword clue is the 3 plus 2 plus 3 plus 4 letter word OUT OF THE WOOD
I've seen this crossword clue in The Guardian
O
U
T
O
F
T
H
E
W
O
O
D
More clues leading to the result OUT OF THE WOOD
Buddy explains!
The straight part
We know that "Safe now" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case safe now = out of the wood.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.