What would you lose by not having it? If you are working past 60 then, yes, keeping payments up on disability insurance means that you have some income between not being able to work and reaching state pension age, but after that disability will not reduce your income, and in fact it may well mean you qualify for disability benefits like Attendance Allowance.
Life insurance strikes me as a waste of money, at any age, if you have no dependents. If you rent a property rather thn own one, it might be worth paying up front for your funeral, either through a pre-payment plan or money put regularly into a savings account.
But at first glance a life policy seems a waste of money and disability insurance dispensable once your retire.
There may be some aspect of this I have emissed, but I am sure others will put me right in that case