The hot end contains a thermal fuse. Initial production hot ends have a tendency to prematurely function (go open circuit), and NM has only recently started shipping replacements that fix the issue. These can be distinguished by looking under the black rubber insulator and noticing that aluminum is removed in the vicinity of the thermal fuse, but frankly, unless you've received a replacement very recently, you don't have the revised design. NM will generally replace hot ends of the original design that have prematurely functioned.
If you want to do the repair yourself or rebuild the hot end, this is generally possible, but the very high temperature thread lock and thermistor potting compound make things difficult. Bypassing the fuse is dangerous: cartridge heaters can exceed 800 degrees C, above the temperatures required to melt aluminum, burn organic materials, start fires, make noxious fumes, etc. Replacement fuses can be found on eBay and Digikey. The part in the MOD-t is marked as an SEFUSE SF240R, and Cantherm makes a similar part that is distributed by Digikey. Don't solder the connections, use crimps as they don't melt. You will need some high temperature fiberglass sleeving to insulate things, and be sure to check that the heater and thermistor circuits are electrically isolated from each other and from the metal parts of the hot end or the MOD-t controller can be fried. Always unplug the MOD-t power when disconnecting and connecting the hot end. PTFE-insulated wire is probably smart due to it's higher temperature rating than PVC insulation. Also be aware of the glass bead thermistor potted in the grey adhesive. It is possible to crack/compromise the thermistor by clamping across the adhesive.
Suitable PTFE tubing, potting adhesive, and threadlock are available from McMaster-Carr.
When the fuse functions, it can either be a strictly one-time event, or it can oscillate open and closed as the temperature goes up and down, eventually going solidly open. This can make it look like the hot end becomes hot, but not hot enough to print and/or exhibits strange behavior until it stays open.
The threads in the hot end are M5x0.8, which is VERY close to a #10-32 thread for cleanup.
The original aluminum hot end block can be easily modified into the revised design if you have access to a metalworking mill. It is possible to do this on original-design hot ends.