Clients and end users (third party users) of your website will feel more comfortable if your site has a privacy policy ensuring them that their private information will remain private. Nowadays, most visitors to your website consider a privacy policy a standard that cannot be ignored by the website handling their information.
A privacy policy is important to assuring third party users of your site’s credibility, but it is also an integral part of protecting your site and your business from any legal issues that might arise. A privacy policy allows you to express your rights as the owner of a website. Privacy policies explain your copyright and trademark permissions. Privacy policies also express the reasonable limitations of the content you host on your website. In short, privacy policies show third party users that you have taken the proper steps to ensure the protection of all the data that is contained or transferred on your site.