So going back to the point I was originally trying to make - If the "run indicator" is on regardless of what color it is, the controlled motor may or may not be running depending on what assurances were made for the indicator to actually mean the motor is running. Otherwise all it may mean is that the contact that closes the circuit to the indicator light is closed, could be stuck, contactor may be pulled in but motor circuit breaker is open, could have a push to test feature but that has failed in a closed condition....many possibilities depending on what the design was intended to include or exclude and what failure modes were considered as well.