The invention provides a safety protector for electric power failure overhauling, and belongs to the technical field of electric power overhauling tools. The safety protector comprises a safety belt body and a tool bag, and the safety belt body comprises a waist belt and two back shoulder belts arranged on the waist belt. One ends of the back shoulder belts are fixedly arranged on one side of thewaist belt, and the other ends of the back shoulder belts bypass the shoulders of a human body to be connected to the other side of the waist belt in an intersecting mode. A self-locking hook connected with a hanging rope is arranged on the waist belt, a pull ring is arranged at one end of the waist belt, and a buckle is arranged at the other end of the waist belt. The tool bag is arranged on thewaist belt, a plurality of sealing belts are arranged in the tool bag, and the sealing belts divide the tool bag into a plurality of segments. Through the safety protector, the problem that high-altitude working tools are inconvenient to carry is solved. The safety belt body and the tool bag are made from modified complex fibers and olefinoate series electrical fibers in a hybrid mode, and the safety protector has the excellent mechanical property and the antistatic property and provides a safety guarantee for high-altitude working.