one could tackle your question a little more formal if one looks at the limit $$c\rightarrow\infty\, .$$
We can now ask what happens in the several theories and what implications there would be for life.
A naive attempt
One starting point is indeed the Wikipedia article on physical constants. You can look for your favourite one depending on the speed of light and look on the corresponding site what it implies.
Ok, lets do this for one thing I just have chosen (almost) randomly: The Rydberg constant $R_\infty$.
It is given by $$R_\infty = \frac{m_e e^4}{8\epsilon_0^2h^3 \mathbf{c}} \approx 1.097 \times 10^7 m^{-1}\, .$$
As the article states, it is the most accurately measured fundamental physical constant and its value can be derived from first principles. Interesting to know, I always thought this was the fine-structure constant $\alpha$.
We state that $$\lim_{c\rightarrow \infty}R_\infty = 0\, .$$
The Rydberg constant has its interpretation as the lowest wavenumber $\lambda_{ion} = 1/R_\infty \rightarrow \infty$ that can ionize the hydrogen atom. This is linked to some lowest energy $$E_{ion} = c \frac{h}{\lambda_{ion}} \rightarrow \frac{m_e e^4}{8\epsilon_0^2h^2}\, .$$
So it seems like we have won nothing at all. The wavelength goes to infinity but the corresponding energy remains constant. Or do we run into further problems because we have to look at the permittivity of vacuum $\epsilon_0$ that is also linked to $c$ via $\mu_0\epsilon_0 = 1/c^2$. This is puzzling - we cannot answer the question from this viewpoint, but earned a nice hint due to the fact that all we are discussing about corresponds to wave propagation in electrodynamics.
Electromagnetic waves
Wave propagation at a certain frequency $\omega$ through vacuum is described by the Helmholtz equation
$$\Delta A_{\mu} + \frac{\omega^2}{c^2} A_{\mu} = 0$$
which also holds for quantum electrodynamics as discussed in another thread. Here we can see clearly what happens if $c\rightarrow \infty$:
The Helmholtz equation reduces to the Laplace equation
$$\Delta A_\mu = 0$$
which can be interpreted in a way that everything that happens, does it instantaniously - there is no retardation anymore. This implies that everything happens at the same time, at least in electrodynamics. In fact, this should also hold for all (effective) theories that can be described by interactions via light particles, or other massless particles since they also travel at $c$.
So to speak, the speed of light is something like a translation between space and time. If $c$ goes to infinity, maybe even the notion of time (and energy as the associated quantity) does not make sense.
I don't know what will happen, but one of the two cases seem to be plausible if $c\rightarrow\infty$:
Either all will happen instantaniously, or, maybe worse, everything will have to remain in a unchanged forever (static) - I don't think that life as we think of it is possible under these circumstances.
Sincerely
Robert