Salvation is a one part thing.
Eternal life (a gift of God)
Justification (declared righteous) Again a gift of God
Born again (passed from death to life)
Sealed by the spirit of God, who is our guarantee
I can go on and on and on, I have just touched the basis of what those in Christ have in their posession.
As for the passage you wrote. that speaks of life on earth. We can have life abundantly in Christ, or be like we are dead, with no life at all. depending on what we do with what God gave us.