I recommend you look into a marine paint. Pettit is the first one that comes to mind but there are many other brands. Whatever you decide to use, you have to make sure the surface is properly prepared according to the mfgr's. directions and the painted surface presents an unbroken barrier over the wood. Do it right once and you'll probably never have to do it again.
--2005 Ford F350 Lariat Crewcab 6.0, 4x4, 3.73 rear
--2016 Montana 3711FL, 40'
--2014 Wildcat 327CK, 38' SOLD