diff --git a/flang/lib/Semantics/expression.cpp b/flang/lib/Semantics/expression.cpp
--- a/flang/lib/Semantics/expression.cpp
+++ b/flang/lib/Semantics/expression.cpp
@@ -1739,7 +1739,10 @@
         } else if (IsAllocatable(*symbol) && IsBareNullPointer(&*value)) {
           // NULL() with no arguments allowed by 7.5.10 para 6 for ALLOCATABLE
         } else if (auto symType{DynamicType::From(symbol)}) {
-          if (valueType) {
+          if (IsAllocatable(*symbol) && symType->IsUnlimitedPolymorphic() &&
+              valueType) {
+            // ok
+          } else if (valueType) {
             AttachDeclaration(
                 Say(expr.source,
                     "Value in structure constructor of type %s is "
diff --git a/flang/test/Semantics/structconst01.f90 b/flang/test/Semantics/structconst01.f90
--- a/flang/test/Semantics/structconst01.f90
+++ b/flang/test/Semantics/structconst01.f90
@@ -66,5 +66,18 @@
       k=2,m=3))
     !ERROR: ABSTRACT derived type 'abstract' may not be used in a structure constructor
     call abstractarg(abstract(0)(n=1))
+    !This case is ok
   end subroutine errors
+  subroutine polycomponent
+    type :: poly
+      class(*), allocatable :: p
+    end type poly
+    type(poly) :: x
+    ! These cases are not errors
+    x = poly(1)
+    x = poly('hello')
+    x = poly(type1(1)(123))
+    !ERROR: Value in structure constructor is incompatible with  component 'p' of type CLASS(*)
+    x = poly(z'feedface')
+  end subroutine
 end module module1