Sorry kit, i meant this one:
If you define maximum safe voltage as the greatest value in the specified vid range...
Safe voltage suggests that no harm will come to your chip. However, it degrades continuously while running, whatever the voltage. Stock voltage will eventually kill it through electromigration, if nothing else does.
So perhaps safe voltage is what will provide you with t hours of life. However, temperature depends in part on voltage, and hotter will shorten lifespan.
So you can ask what the safe voltage is, quoting desired service life and working temp. This is roughly what the high end of the vid is, the chip should last the length of the warranty, at stock, at max operating temp, which intel or amd quote.
We dont know how they arrived at this figure. 8hr per day or 24? What load conditions? What fraction are expected to fail? Or indeed whether the warranty length takes any of the above into consideration.
I'm igoring the 'all chips are different', and 'would it have died even were it running at stock' problems to reduce the length of this post, but they are still relavent.
Somehow people look at the highest vid someone else's chip could have, then deduce that they can run theirs at different temperatures, different frequencies, with a whole set of voltages tweaked manually, but as long as vcore is below this value they're safe. Its a thoroughly ridiculous line of reasoning.
To address the op, people like lower vid chips. There's an anecdotal correlation between lower vid and better overclocking results. It makes some intuitive sense too. If you've arbitrarily set a maximum voltage for all chips of your type, then there is an advantage in being willing to overvolt by a greater % of vid than if you had a higher vid chip.
Whether a given low vid chip will hold a higher overclock for the same lifetime as the average is unknowable. Intel's engineers may have a fair idea, i certainly dont.