I had the same problem, however the treadmill
remained in 'safe out' status even when the Safety pull pin was
correctly inserted.
The cause of my fault was that one of the kids
decided to insert a wrist watch into the round hole located on the
control panel's lower cover. In doing so this unplugged the cable connector for the magnetic switch which operates the 'safe out' function,
from the main circuit board. The
repair was quick and easy, i turned the power off, removed the bottom
cover from the control panel and simply plugged the magnetic switch back
into the main circuit board and all was back to normal.
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