Image capture device with a non-dive mode and a dive mode

An image capture device comprising:

• a housing;
• an image sensor carried by the housing and configured to generate a visual output signal conveying visual information based on light that becomes incident thereon, the visual information defining visual content;
• an optical element carried by the housing and configured to guide light within a field of view to the image sensor;
• and
• one or more physical processors carried by the housing, the one or more physical processors configured by machine-readable instructions to:
• operate the image capture device in a non-dive mode, wherein operation of the image capture device in the non-dive mode includes stabilization of the visual content based on an above-water lens prescription and placement of a viewing window within the visual content, the viewing window defining extents of the visual content to be included within stabilized visual content, wherein the visual content captured during the operation of the image capture device in the non-dive mode depicts a first field of view of a scene;
• and
• operate the image capture device in a dive mode, wherein operation of the image capture device in the dive mode includes stabilization of the visual content based on an under-water lens prescription and the placement of viewing window within the visual content, the above-water lens prescription and the under-water lens prescription including different distortion coefficients, wherein size of the viewing window is scaled down for the stabilization of the visual content in the dive mode, further wherein the visual content captured during the operation of the image capture device in the dive mode depicts a second field of view of the scene smaller than the first field of view of the scene and the size of the viewing window is scaled down for the stabilization of the visual content in the dive mode based on the difference between the first field of view of the scene and the second field of view of the scene.