The most likely failure is going to be the drive belt braking or gross slipping. Either of those, as long as someone is watching, is not really a problem in terms of safety.
You can use a sprung leaded mechanical belt tensioner "arm" that has a micro switch on it, that should the belt break or fly offf, the arm then springs down, opening the microswitch and estopping the machine. For something being used by a person and hence monitored, i don't think i'd bother tbh, as long as that person can, as mentioned, easily stop the machine without risk to themselves etc