Oil

That statement is wrong. The relief valve does not dump the oil out of the pump. The oil is recycled in the pump. This allows oil to go out through the main cap into the engine and at the same time regulates the oil pressure. The oil pump does not have a hole in it for excess oil pressure to leave the pump.
So is it safe to safe if the pressure is too high for a moment the oil pump rat races excess oil and some oil is still being sent through engine?