Long a dietary staple of the people of Asia, Africa, and the Pacific Islands, coconut oil has been used for both food and health care. It has been used in Ayurvedic herbalism for 4,000 years and it is natural oil.
History says that coconut was cultivated in India along the Malabar Coast much before the time of Christ. Coconut agriculture became prevalent in Sri Lanka around the time of Christ. Countries such as Philippines, Malayasia, Indonesia, and Papua New Guined are also heavily into coconut cultivation.

1. Contains healthy fatty acids

The fatty acids in coconut oil can encourage your body to burn fat, and they provide quick energy to your body and brain. They also raise HDL (good) cholesterol in your blood, which may help reduce heart disease risk.
Most dietary fats are categorized as long-chain triglycerides (LCTs), while coconut oil contains some medium-chain triglycerides (MCTs), which are shorter fatty acid chains. When you eat MCTs, they tend to go straight to your liver. Your body uses them as a quick source of energy or turns them into ketones.
Ketones can have powerful benefits for your brain, and researchers are studying ketones as a treatment for epilepsy, Alzheimer’s disease, and other conditions.

2. May boost heart health 

Since coconut oil is so high in saturated fats, that helps boost HDL (or "good") cholesterol to ward off heart disease and lowering high triglycerides. Additionally, coconut oil also performs a rather remarkable and heart-healthy feat - it helps turn bad cholesterol into good cholesterol.

3. Helps with Weight Loss

Coconut oil also can help with weight loss, as it acts as a fat burner and a calorie burner, especially with doses of unrefined coconut oil. It also acts as an appetite suppressant. One study shows that the capric acid in coconut oil helps boost thyroid performance, which in turn reduces a body's resting heart rate and aids in burning fat for an increased energy boost.

4. Acts as an Anti-aging Component

Rich with antioxidants, coconut oil is known to slow the aging process, generally by curbing any undue stress on the liver.

5. May raise HDL (good) cholesterol

Coconut oil contains natural saturated fats that increase HDL (good) cholesterol levels in your body. They may also help turn LDL (bad) cholesterol into a less harmful form. By increasing HDL, many experts believe that coconut oil may boost heart health compared with many other fats.
In one study in 40 women, coconut oil reduced total and LDL (bad) cholesterol while increasing HDL, compared with soybean oil. Another study in 116 adults showed that following a diet program that included coconut oil raised levels of HDL (good) cholesterol in people with coronary artery disease

6. Help Digestion and Liver Health

Another benefit of coconut oil - it helps with food digestion by aid the body take in fat-soluble components like vitamins and magnesium. It also eliminates toxic bacteria and candida, which fights poor digestion and stomach inflammation. That helps prevent stomach ulcers. Coconut oil also guards against any damage to the liver, and also aids in curing urinary tract infections.

7. Acts as a Salve for Wounds and Burns

Coconut is good for the skin, especially in the treatment of wounds, burns, and dermatitis. It also acts as sunblock, and as a moisturizer for the skin, thanks to the two primary fatty acids in unrefined coconut oil, caprylic and lauric, and to its antioxidant component, which team up to reduce inflammation under the skin and promote better healing.

8. May protect your skin

Many people use it for cosmetic purposes to improve the health and appearance of their skin and Studies show that coconut oil can improve the moisture content of dry skin and reduce the symptoms of eczema. 

9.  Protect your hair

Coconut oil promotes the scalp health fighting against such problems as insect bites, lice and dandruff. Coconut oil moisturizes dry hair. Coconut oil adds luster, shine and softness to the hair. Coconut oil prevents hair breakage and split ends, contributing to hair length.

10. Oil pulling

Oil pulling is an oral health routine that involves swishing oil around in the mouth in a similar way to mouthwash, but for a much more extended period. Coconut oil is highly absorbable oil with several health benefits, including reducing inflammation and fighting harmful bacteria. It is also edible, so has few risks for oral use. 
Most supporters of oil pulling recommend swishing a tablespoon of oil in the mouth for 15–20 minutes to reduce harmful bacteria in the mouth and on the teeth.