Blessed Assurance lyrics

Blessed assurance, Jesus is mine!
O what a foretaste of glory divine!
Heir of salvation, purchase of God,
Born of his Spirit, washed in his blood.

[Chorus]:
This is my story, this is my song,
Praising my Savior all the day long;
This is my story, this is my song,
Praising my Savior all the day long.

Perfect submission, all is at rest;
I in my Savior am happy and blessed,
Watching and waiting, looking above,
Filled with his goodness, lost in his love.

(Chorus)

Submitted by Guest

What do you think is the meaning of Blessed Assurance by Third Day?