No. It can check whether the operands will cause overflow and issue an error instead of silently giving a bogus result.
It's a performance hit though.
I don't think you'd want a banking app written with assumption that you'll never have more than MAXINT amount of dollars, and adding few more will roll you back to 0 or even put you in debt... silently... because well it works this way, and designer didint think you'll hit the limit. If it ever happened you'd like a siren to go off.