Metal has more "give" then a stone. If a stone gets hit it may be tough and resist breaking; but when hit hard enough it may chip. In other words, a prong can (and will during its lifetime) take damage and then be re-tipped (repaired). A chipped stone cannot be "dechipped".
Yes, put the weakest part of your stone protected under the prong/bezel/bead. Make sure you wirte down any laser inscriptions before setting. Make sure your setter knows that a thinner girdle means a more delicate stone (mostly obvious).
Best of Luck.
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