Well, if I'd ordered you to design a 24V module, and later learned you wasted an extra day and $0.20/each designing a 24V-400V module, I'd call it insubordination and dock your pay for the wasted day and the increased production costs.
I'd feel better if you came to me last week for a 5-minute chat. "I can meet the spec as written, or for another day and $0.20 I can design a wide-range module; is that useful to the company?" He may say "Yah, that would be nice" or "NO! We'll never use hundred-volt rails!" He may be wrong either way, but that's his job. You done your job by alerting him to a possible low-cost improvement.
At another level: You can get paid to design the 24V module, and later get paid to design a 400V module, and still later get paid to consolidate the two inventories into a wide-range module. Paid in salary or, maybe better, in credit and fame for incrementially improving the company product. Don't give your boss something extra without getting something back.
At yet another level: it was "unethical" to ask this here without context. An answer appropriate for studio tracking may be very different from how you design a stamping machine. In the studio, if something fails, you find a work-around. We have lots of boxes, several alternatives, and few failures are dangerous. Heavy machinery really should never fail in a way that will injure workers or cause large factory downtime. Increased parts and wide-range design will, statistically, reduce reliability. 100 resistors with 100,000 hour MTBF will have a failure every 100 hours, 200 resistors will have a failure every 50 hours. High-voltage design is typically very different from high-current design, so wide-range has compromises. However specific added parts can actually improve reliability: limiting and protection sub-circuits sometimes do more good than harm, and putting 200V parts in a "24V" module might save your butt the day the line voltage rises to 30V or spikes to 200V.