The example is two branches using the same sola scriptura authority resulting in one believing the other is satanic. It’s an example of why sola scriptura is *not* the real authority claimed.
I used Dispensationalism as the example for a Dispensationalist.
I can use salvation by election for the other branches who believe sola scriptura is the ultimate authority, yet whose authority ends up with two radically different theologies.
Hoss conceded the point. How about you? Are you saved by election?
As to being saved "by election", it would depend on how one would define the very Biblical term. You see, there is no doubt that believers ARE known by God "before the foundation of the earth". This speaks of God's foreknowledge, which is one of his divine attributes. Some read the verses speaking of this and determine that since God knows all those who will be saved BEFORE he even created them, that means God created people knowing who would receive OR reject him. Some take it further - which I don't BTW - that God "predetermines" who is saved and who is damned. They may even state that the person has no "free will" to make a choice to receive the light God shines by his grace. This is what they call "election", God elects the saved, though it is based on his own perfect will, not their merit or deserving efforts.
On the other hand, some believe in free will and that God desires that ALL be saved and come to the knowledge of the truth, but he already knows those that will and those that won't. Those that God foreknew, he also predestined to be conformed to the image of his son. I read that and it means to me that God did not predestine me to BE saved, but that he predestined me - when I did receive Christ - to be conformed to his image as he also does for all others who choose to trust in Christ. How does God, who knew beforehand, allow someone to be born knowing they will spend eternity in Hell? That is something NOBODY can really get their head around. Some things as they relate to our God and Savior will NEVER be totally understood this side of heaven.
So, to answer your question, "are you saved by election", I would say I am saved by grace through faith in Jesus Christ and that made me part of "The Elect".