Oil Level Sensor on D12...Can it shut engine off???

I have a 2007 Volvo with D12 engine. 2 days ago while driving on the highway orange warning light popped up with a code Mid 128 Pid 98 Fmi 5. This is the code for faulty Oil LEVEL Sensor. I checked oil level with dipstick and the level is fine (to the max). Oil pressure is 60-65 while driving which is also great. I would have no problem replacing this sensor the same day I got that warning light, but I just changed engine oil about 1000 miles ago. Oil Level Sensor is located inside oil pan and you have to drop the oil pan to get to it. I would like to do this work done with next oil change. So can anybody tell me who had experience with this sensor if there is a chance that this sensor may shut my engine off, or I can drive it until next oil change. My main concern is if the engine can shut off because of this sensor (I don't depend on fancy stuff like checking oil level from inside my cab without opening the hood).
Thanks for response......

 

I bet that Pablo_UA knows the answer.

 

Don't know how to bypass it.

 

I would tried to bypass it, but there are 4 connectors since this sensor is oil level and oil temp sensor. A little bit too much for me. Anyway, my truck is still running and in a case it would shut down on me I would definitely try to unplug it at least. I would still like to hear from somebody who knows abouth this matter.