I feel like there’s a certain minimum income level/social safety net you need to have to be able to live like this. Like at some point the desire to keep having food/shelter becomes enough of a motivating factor that you have to work out what you need to do.

I’m probably not in the same country as you but I’d say absolutely take it. You’re probably in a field where you can do the same thing again. Take the time to set yourself up as a company, get your tax affairs in order and charge everything (appropriate) to expenses and take the extra time to look for your next gig. Worst case you spent the extra time/money finding your next employment.