32 CFR §552.72
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Allotments of military pay will be made in accordance with Army Regulation 37-104-3. Allotments will not be made to an insurer for the purchase of a commingled sale (e.g., retirement plans, securities).
- (b)Under no circumstances will agents have allotment forms in their possession or attempt to assist or coordinate the administrative processing of such forms.
- (c)For personnel in grades E-1, E-2, and E-3, at least 7 days should elapse between the signing of a life insurance application or contract and the certification of an allotment. The purchaser's commanding officer may grant a waiver of this requirement for good cause, such as the purchaser's imminent permanent change of station.