Chosenness? Or the love that comes with acceptance of a covenant?

Hi,

"R’ Akiva used to say: Man is beloved for he was created in the image [designed by Gd]; he was informed of extra love in being told he was created in the image, as it is written…

"Israel is beloved in that they are called children of Gd; they are informed of extra love in that they are called children of Gd, as it is written…"

(Pirkei Avot 3:13)

Have a great day,
Mordechai