"Coconut oil is one of the best oils to cook with because it won't turn into harmful trans-fats when heated at high temperatures."
Coconut oil also contains high levels of lauric acid, which helps strengthen the immune system. Researchers from the Garvan Institute of Medicine Research have found that a diet rich in coconut oil will help keep fat off and protect you from insulin resistance. Even though I haven't cooked with coconut oil myself, I will be on the lookout for a bottle in the future.
Source: Heal Yourself Essentials: 101 Tried & Tested Tips & Secrets