Will the chocolate sink and get burned?

I'm planing on making a simple cake for my family. I already know the ingredients as I made it before. but my question is if I put chocolate chips would they sank in the bottom and get burned. (I use the kind of cans that makes the cake looks like a ring, as there's a hole in the middle of the cake, I'm not sure what it's called)

And these are the ingredients:
1 to 1.5 cup sugar, 4 eggs, vanilla, 1 cup oil, baking powder, 3 cup flour and 1 cup milk

PS: I put it on the top of the stove not in the oven and takes about an hour

So, Will this kind of dough make the chocolate chips sink and get burned? and if this likely to happen how can I fix it within the same ingredients? Or do I have the green light!!

Generally speaking, if you toss the chips in flour (a tablespoon or so) it is supposed to help prevent sinking.

Have you made this cake before? Tossing chips in flour is definitely a good idea - if your batter is thin, it might not help. Is the batter thick and fluffy? If so, I think with a dusting of flour your chips will be fine (you might want to distribute them by stirring gently with a skewer or toothpick after you pour the cake in the pan.) Mini chocolate chips might also help.