Assets are your possessions that make life easy for you; they are parts of your life. Assets can range from material to non-material. I want to adopt another view as to what constitute an asset.
My view is that assets do not necessarily mean things with financial values alone like cars, houses, business premises, machines etc. I believe what constitute an asset depends on an individual. This means things that assist such a person in earning a living e.g. a footballer’s asset could be his leg while a singer’s greatest asset could be his or her voice. As a bread winner your asset could be your lucrative job, your business, your house, your taxi etc. It will interest you to know that all these assets can and have been insured.