It depends on where you are at.
In Europe, there are safety regulations that have the force of law; you must follow them under the penalty of criminal prosecution even if no one was ever hurt. In North America, it is mostly the area of civil jurisdiction so although there is no mandatory statutes, your customer and possibly you may be held liable in case someone does get hurt. Which usually means lots of money in fines in compensations.
Therefore, it is always a good idea to suggest upgrading the safty system as well. And to get some kind of written waver in case your customer refuses to pay extra costs for the upgrade.