Using protected li-ion cells is like using your safety belt in your car. For most of the time you shouldnt need it, but if you need it and you dont have it... well, you get the idea.
and if you have to ask WHY there are seat belts in a car :thinking: then you really need them.
(i think the OP actually showed an ability to understand the purpose of protection, so ....)
with direct drive, and white leds , single li-ion type, the led will stop drawing current as the voltage drops, although they still can take the voltage To low. EX: led gate stops triggering at about 2.4V
It is with "BOOST" type of drivers, that are Fully capable of depeletating a cell well beyond the safe low point, and quite harshly too when they are at thier low points. Ex: single cell boost drivers can depleate a cell to below 0.7v
multicell drivers, have various low-cutoff points, and just simply points where they will not further work, because the curcuit in them stops at lower voltages, depending on the voltage, or the Purpose of the cutoff (for primary cells) , the cutoff might not be usefull to protecting li-ion. And, li-ion used in SERIES would want to have protection anyways, cutoff or not, your usual cut-off points will not solution an "out of balance" situation, so the driver (with a cutoff) cannot protect all the cells under all conditions.