My take on this is that Serie fully believes she won't survive this, and brought along the (aside from Ubel) least confrontational members with an adverse ideology (not combat oriented) to minimize collateral damage when she gets taken out, as well as, potentially as others have said, to see if they can bring about an unexpected outcome for her. In other words, she has acknowledged the potential of her death, but has resigned herself to the whims of fate, accepting whatever outcome may pass from this.
A lot of her words and actions this chapter speak to this:
Fondly reminicing with her students which she rarely does openly
Trying to sincerely do something nice for/bond with Frieren
Talk about how her approach to magic may have been flawed/limiting
However the biggest clue for me is her asking Frieren if she can imagine a world with her dying. She asks if Frieren can imagine it, but dodges the issue of if she herself can imagine it, because she already does.