Terms and Conditions & Privacy Policy Templates

Terms and Conditions (T&C) and Privacy Policies agreements are both, as the names imply, legally binding contracts.

The main difference between these two types of agreements is this:

(a) A Privacy Policy agreement exists to protect your clients.

(b) A T&C agreement exists to protect you, the company.

Benefits of Privacy Policy 

Some the benefits include:

1. A carefully drafted, easy to understand, and maybe even entertaining Privacy Policy inspires trust in clients, encouraging them to sign up with you and stick around for a while. It makes users feel safe and cared for, and this inspires faith in your product.

2. A Privacy Policy teaches (or reminds) people that they have rights worth protecting.

This may not seem like such a big thing, but in a world where people assume it's okay to pirate information and sell it to the highest bidder, everyone loses, including you. People need to know and be reminded of their rights.

3. A Privacy Policy clearly lays out where your boundaries are when it comes to the data you use and how you plan to use it.

This will come in handy if one of your users one day decides that you had no right to show them third party advertisements based on information gathered from their account. With a good Privacy Policy agreement, you can show that you gave them every opportunity to know what they were getting into and that they were free to decline to use your app as well as to change or remove their information. 

Benefits of Terms and Conditions (T&C)

As we've pointed out, the main purpose of a Privacy Policy is to protect the consumer (your client), and the main purpose of a Terms and Conditions agreement is to protect the business (you).

A T&C agreement (also sometimes called "Terms of Service" or "Terms of Use") tells the customer what will be legally required of them if they subscribe to your service or download and use your mobile app.

Simply put, a T&C agreement gives you a legal leg to stand on in the event of abuse or litigation. While not required by law like a Privacy Policy is, a T&C is incredibly useful to businesses.