After we all die and we all stand before Christ to be judged for what we have done, some people will fail the test and be sent to Hell. Others will have succeeded in this life, be declared righteous and right with God and go on to live with Christ for the rest of eternity.
To be Saved by the blood of Christ means that you are free from the Wrath of God's Justice
In order to be saved you must: Does believing in Jesus Christ save me, or do I have to do something more?Does believing in Jesus Christ save me, or do I have to do something more?
To know that you are saved, look here: How can I be sure someone I know is going to Heaven?How can I be sure someone I know is going to Heaven?