I don't think so. There should be a light "test" position or button.
Also you should definitely be seeing an "alternator fail" light as the alternator
is not charging
stopped. Brain escapes what high temp light should be doing.
You should also be hearing an audible alarm
. This not happening is often related to the peizioelectric(sp?) horn failing - the round bigger "grill" next to the tach. It is fussy but you can replace this.
I have removed the panel on my Volvo
and carefully removed all the connections and cleaned them. My lights all work now but the horn is still doa...
It's bizarre how much "electronics" is packed in that control panel
. Who figured...