I recently had occasion to look at a 'Radon Fan Warning Light', it was from a local school who were complaining it didn't light up, so they didn't know if the fan was working or not. In the event there was nothing wrong with it, except they didn't understand it's function - it actually lights up if the fan stops drawing power - as it used a SPDT relay I rewired it to work as they wished.
It was a nice simple device, a resistor in series with the load, and a triac connected across it, which triggered the relay. It would work just as well in this application, but obviously with a lower value resistor.