Hey mad_dev, thanks for checking this out! We actually have an in-house legal team, and we use the same privacy policy across our multiple apps. The reason for this is that a lot of client projects require it to be there, so we just use that privacy policy for everything.
For Spatulah, we don't actually have any of your instagram data other than what's available via their public website anyway. We do get your email address when you sign up, but thats strictly for login and resetting your password.