How to generate and add privacy policy on Google Play?

I have to create and add a privacy policy to my Android app. My app accesses background geolocation data, so whatever policy I add has to include info about how location data is used. Two questions:

  1. Is there a standard approach to creating a privacy policy? For example, is there a template that people usually use, that I would be able to add an extra geolocation clause to?

  2. Where in the Google Play console do you add the privacy policy? I went to Store Presence -> Main Store Listing and didn’t see any place to add a privacy policy.