Yes. There is surge protection built into the sensor electronics. The sensor survives a surge of 2 kV at 42 ohm line-to-ground on digital I/O and 2 kV at 12 ohm line-to-ground on power. It also survives a surge of 2 kV at 2 ohm line-to-ground on the rods.
If additional surge protection is required, consider using the SVP100 Surge Voltage Protector DIN Rail with Mounting Hardware.