If that is true, then the answer to the question in the title of this post is a resounding YES. "My honor is loyalty" doesn't depend on a moment's convenience; the SS men (many of them foreigners, including French and Latvians) who fought to the death in the ruins of Berlin, Spring 1945, also could have went for some "life insurance" but chose not to.
How could this have happened to Der Movement? After all, Skorzeny had all the makings of a "movement" superhero: a member of Der Master Race (Austrian division), one of Pierce's heroes, and - as David Irving tells us - a man who had a low opinion of Italians (good judgment indeed!).
And yet, once again Der Movement is let down by one of its heroes. Now, Skorzeny did in fact have an admirable war record, and that record of skill and daring cannot be argued against. But as regards character? If this story is correct (and I admit the theoretical possibility it is propaganda, but I really do not think so), then the man was bereft of character, bereft of honor. And that's the ultimate problem with Der Movement, isn't it? If one was forced to pick one defect, a lack of character (and honor) would be high on the list.
But, you see, Der Movement buys into the Guntherite thesis that character and honor are the birthright of certain ethnies. And as long as Der Movement plays its affirmative action games, expect more disappointments like this one.