The biggest factor for degrading CPU life expectancy is the V-core and temperature. They're conservatively set by Intel, V-core found
here (Section 7.10.1, page 84) and thermal limits found
here (Section 6-2, page 43 & 44).
In short, Intel has defined (for the 3570k) the maximum V-core to be 1.52 and the maximum temperature to be 72.6ºC @95W (over TDP).
I think you are confusing the intentions and meanings of those specific specification parameters in the Intel documentation.
Max "safe" Vcore is not 1.52V, the max value in the VID table is 1.52V. Those two parameters are not to be confused as being one in the same.
At 32nm the max safe Vcore was 1.35V for gulftown CPUs. That was the last time Intel published a max allowed (or max safe) operating Vcc. At 22nm we all just take guesses based on the 32nm spec value and assume the 22nm max safe voltage must be less than the 32nm max safe voltage value.
Likewise the max Tcase temperature is not to be confused with the maximum allowed operating junction temperature (the temperature of the silicon itself).
TJmax is 105C for IB. There is a reason the CPU is allowed to get that hot before it throttles. If 72.6C was the limit then Intel would have set TJmax to be 72.6C.
Tcase is specified so that OEMs and system builders don't slap an inadequate HSF onto the CPU, or shove it all into an inadequate air-flow case, and cause the CPU junction temperature to hit 105C such that the CPU is needlessly throttling under normal operating conditions.
That said, neither the safe max operating temperature (TJmax) nor the safe max operating voltage (Vcc_max) mean much once you start overclocking the clockspeed itself as they are both defined with respect to stock clockspeeds.
Raising your voltage while raising your clockspeed and raising your operating temperatures all conspire to rapidly reduce the expected operating lifetime of the CPU.
But only Intel's engineers who characterized the silicon and determined the spec limits based on data would know just how much and how quickly the lifetime is being reduced when we over-volt to say 1.4V and operate at 80C with 4.8GHz OC's. Could be we can run that way for years, or maybe only for a year.