A contoured insole especially advantageous for users with medium to high arches is disclosed. It comprises a generally foot-shaped base extending from a heel end to a toe end, which comprises a top surface and a bottom surface. The bottom surface of the base preferably further comprises two indentations formed integrally therein in a forefoot area and a heel area. A forefoot pad and a heel pad are secured to each of said indentations. Preferably, the base is made from a polyurethane foam. The pads are made from rubber or synthetic rubber. A top sheet is coextensive with and secured to the top surface of the base. The top sheet is generally a fabric which preferably has antimicrobial characteristics. In use, the foot of the wearer, with or without a sock or stocking thereon, rests upon the top sheet in the foot-receiving compartment of a users shoe.