That's almost exactly what my Honda does. Illegal (no signal) lane change results in a steering wheel shaker (and optional audio alert). And the car, when sensing an abrupt swerve which is interpreted as the vehicle leaving the roadway, attempts to correct that via steering and brake inputs.
But, I agree with your more general point - the human still needs to be primary. My Honda doesn't allow me to remove my hands from the steering wheel for more than a second or two. Tesla should be doing the same, as no current "autopilot" system is truly automatic.