#1 is valid, but presumed?Umm....
That's more than even presumptive regeneration - are you saying that all covenant children are regenerated? Am I reading that wrong?
By the very defintion "covenant child", we are saying that that child is a child of the covenant of Grace.
Personally, I don't have the ability to read God's mind, and know his eternal decrees in election. I don't know the "invisible" things, but he has given the Church "visible" thngs (i.e., the sacraments).
So, visibly speaking...all I can say is that "covenant child" who is baptized IS Regenerate. (who am I to say otherwise, Christ only gave me visible things)
If they are regenerated, then only two options seem possible for the children of believers: (1) they are all saved or (2) they can become unregenerated.
Are we saying these options are valid?
#2 is impossible?
So the covenant theologian calls his children to conversion with the presumption they are regenerate while all the while knowing that this could prove to not be the case. Yet, we act upon the promise of God to be their God and we raise our children in a diligent to make their calling and election sure?