Yes, forgiveness for Christ's Elect is necessarily immediately effective i.e. you can't die in between the repentance and the forgiveness and end up not forgiven! The efficacy of the cross of Christ makes that clear.
But how do you know you are one of the Elect? This is Owen's point - do not speak peace to yourself before God does. Do not appropriate the promises God has made to the Elect when you do not have assurance that you are of the Elect. If you do not have 100% assurance, join me on my knees waiting on God, as the watchmen wait for the morning...
Paul
No denomination, affiliated with FIEC
"Deliver me from worldly dispositions, for I am born from above and destined for glory" - Valley of Vision
"They think it strange that you do not plunge with them into the same flood of dissipation" - Peter
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