The question makes several assumptions about 1 Cor 11:29-32 that are non-sequiturs:
- The Lord's discipline is death or falling asleep. The passage does not say this nor is it implied.
- Falling asleep (death) somehow exempts people from final divine condemnation. Again, the passage does not say this, nor it it implied.
What the passage does say appears to be the following:
- V28 - Each must examine himself
- V29 - Those who eat and drink without recognizing the body and blood of Christ invite judgment on themselves
- V30 - This has caused some be weak and sick and even die
- V31 - If we judged ourselves properly (Rom 12:3 - Do not think of yourself more highly than you ought ...) we would have avoided such a problem
- V32 - when judged by the Lord, we are being disciplined (to make us better people, see Heb 12:6 - the Lord disciplines the one he loves, and he chastens everyone he accepts as his son) and thus we will not be condemned by the world.
Note the important distinction make by Paul here about the three different judgements going on:
Judgement #1 - judgement by oneself, V28 & V29 & V31a
Judgement #2 - judgement by God, V29b & V32a
Judgement #3 - judgement by the world, V32b
Therefore, Paul is presenting the regular communion service as a time of self reflection to ensure that we eat and drink with due humility and recognition of our sinful condition and great need of Christ. Such will make us avoid the pitfalls of pride, self sufficiency, arrogance, and most importantly, how much Christ has done for us and how much we need Him.
There is a great promise in this passage that we also read in John 5:24 -
Truly, truly, I tell you, whoever hears My word and believes Him who
sent Me has eternal life and will not come under judgment. Indeed, he
has crossed over from death to life.
Finally, death does not excuse anyone from judgement because we also read in John 5:28, 29 -
Do not be amazed at this, for the hour is coming when all who are in
their graves will hear His voice and come out—those who have done good
to the resurrection of life, and those who have done evil to the
resurrection of judgment.
Note that there will be a class of people who, having died will be raised at the general resurrection to receive judgement (BSB) or condemnation (NIV).