Lurking123
If you are single engine and it quits the conditions below are very relevant. If you have 1000 ft gap between the ground and the cloud you will get about 30 – 40 sec to crash into something survivable, which is a reasonable risk over normal terrain in warm damp conditions.
If you have strong wing, blizzard conditions, extreme icing and lots of rock etc below you and you have only one engine then if it fails you are 99% likely to die. If you go down in these conditions then you are also putting the rescue teams at risk, which is also relevant in my opinion.
Rod1