Answer by  
                                                                                          RachelW (932)
                                                            
                          
                          
                                                          Coconut oil is an unsaturated fat, which is a heart-healthy fat.  It has benefits for healthy hair, skin and nails, as does any type of oil.  It can add a distinct sweet flavor to foods that many people find appealing.  However, healthwise, there is little difference between it and other healthy oils, such as olive oil.