Privacy Policy for your Saas?

I took Basecamp policies as they share them with permissive license and even encourage to "steal these policies" in their README. See: https://github.com/basecamp/policies. And since they wrote them for their SaaS software content should be solid for similar applications with only small alterations.

With the plan to hire a lawyer at a later stage. You should always consult a lawyer.

Hi @meera that is a great question! my answer is all of the above!

Hiring a lawyer for a bootstrapped early-stage SaaS is expensive. So indie hackers most probably choose a template.