No.
While I cant recall the source, (maybe US Boat?) there was a study a while back that looked at mooring and dock line failures during a large storm a few years back. In many cases they found failure of the rope inside chafe guards. Apparently the rope worked enough to build up heat inside the chafe guard and that hastened its failure. I'll see if I can dig up that reference.
Not that I face those types of storms here....
To be clear, that is not why I don't use chafe guards. I just haven't see the need on my boat to the design.
Dave