At the risk of being burned I'll explain how its done commercially with 0 volt drop (and this has already been mentioned).
Put a diode across the supply terminals of the looper in reverse, so the silver strip goes to the +, and the other side to -, then you put a fuse, or fusible resistor inline with the supply (before the diode).
Then if you power the device in reverse the diode will turn on and blow the fuse.
Obviously a fuse or some means of disconnecting the supply is important here.