I'd guess that if you drop it that hard you'd be looking at not riding it for a while and checking out how good / in date your insurance is?
Not at all. Just letting the bike fall off the stand can give some spectacular results if it hits the guard in the tight place.
But they are (were) the neatest looking and least bulky of the protection equipment available. And didn't get in the way for servicing etc .
The genuine BMW adv bars are the worst for causing damage. The bike will roll over the radius, and the bike will then slide along on the large ADV tank.
very expensive to repair, if it doesn't burst into flames.