The image you invoke......!
They survive wrapping better than mild steel because any moisture trapped won't rust the stainless-steel. That said, if you can't get it inexpensively ceramic coated, fit a full-size heat-shield from inlet manifold down to the chassis rail or just before.
Lastly....despite global warming, you might not need anything judging by this months' weather.......: think of the engine bay as a kilt - recirculating air keeps all the parts cool and fresh and a stock rad fan would help.