Hall, J.
Ordered that the order is affirmed insofar as appealed from, with costs.
Contrary to the plaintiff's contentions, he cannot recover a lump sum award for future benefits under his disability insurance policies ( see, Romar v Alli, 120 A.D.2d 420; Gordon v Continental Cas. Co., 91 A.D.2d 987). Further, his claim for punitive damages based on the defendant's alleged breach of the covenant of good faith and fair dealing was properly dismissed. The defendant made a prima facie showing of entitlement to summary judgment. In opposition, the plaintiff's conclusory allegations that the defendant engaged in a malicious breach of the covenant of good faith and fair dealing did not raise a triable issue of fact sufficient to defeat summary judgment. Moreover, the claim for punitive damages is duplicative of the two causes of action to recover damages for breach of contract, as it does not allege the breach of any duty owed to the plaintiff which would give rise to a cause of action based on an independent tort ( see, New York Univ. v Continental Ins. Co., 87 N.Y.2d 308).
Since the plaintiff did not raise in the Supreme Court his contention that certain material submitted by the defendant in opposition to his cross motion for partial summary judgment was inadmissible, it is waived ( see, Sam v Town of Rotterdam, 248 A.D.2d 850). In any event, even if the material at issue was not admissible as records kept in the ordinary course of the defendant's business ( see, Borchardt v New York Life Ins. Co., 102 A.D.2d 465, affd 63 N.Y.2d 1000), the defendant submitted sufficient evidence, other than the disputed material, to raise a triable issue of fact to defeat the plaintiffs cross motion.
The court providently exercised its discretion in limiting discovery and in denying the plaintiff's motion for leave to serve a second amended verified complaint.