Now i know how to connect the power supply, but i feel like it is easy to get an electric shock from this thing. What safety precautions do i have to follow to safely use and install this power supply?
The two screws on the side of the terminals usually held a stiff, fibrous material with tabs (or one big tab) bent over the screw heads to help prevent accidental contact with the terminals, but allowed access to them. Similar to this, but not a clear, plastic cover, rather opaque, with tabs...
Your power supply is an enclosed chassis type and I suggest you leave it that way. Your main concern is the L (Line) and N (Neutral) terminals. This is where you run the highest risk of shock. You can roll your own terminal strip protector or cover. There is no magic but a matter of exercising good work practices and safety practices.