The blood of Christ was only shed for them that are saved, which are the elect.
Completely false.
My little children, these things I write to you, so that you may not sin. And if anyone sins, we have an Advocate with the Father, Jesus Christ the righteous. And He Himself is the propitiation for our sins, and not for ours only but also for the whole world.
1 John 2:1-2
JPT