However, tell me, how likely is it that a child who goes unconscious due to hypoglycemia suddenly will stop breathing and suffer brain damage and other complications within 5 minutes?
Here lies the problem with your general summary. Research what happens with hypoglycemia in pediatric diabetes.
Again, can you always guarantee the ambulance is just 5 minutes away?
Why are you willing to risk further injury to a child when it can be immediately treated?