You received a citation for going 69 mph in a 60 mph zone Will there be insurance points on your record for this?

Depends on your state. As far as your DMV record goes yes it will count as a point. It will also go in the insurance database too, although some insurance companies may "forgive" the point just like some will forgive At Fault accidents. However if you switch companies, the new company may base your rate on that speeding ticket.