Your transmitter allready has a built in failsafe in the event of a loss of signal only thing it wont do is if there a loss of power it wont work,im asuming this kill switch will do that ?.
Ive never personally used a kill switch I just use the built in failsafe on the radio,ive lost signal once in that time and it worked fine, but ive never lost power all my connections are fitted and held with small zip ties so they cannot come apart unless I want them to,not saying these aren't a good idea just saying ive never used one..
Mart