Jumping on an empty clone and into a tech 1 frigate (i dont remember corvettes tbh) to get killed painlessly in Eve is like making a new 0/2, pulling the LE and starting to shoot at ppl with you starter pea shooter pistol in NC. Losing your WOC PA in a fight in NC is more like crashing your tech 2 battleship or carrier on your main char in Eve.
afaik you dont lose SL in a battlezone. so... but yes, if you are in red, you should have a working OZ 8 jail, missions to it, and a way to get out of the mess if you want to. just in case.