Footwear including an insole formed for relieving pressure on a common digital nerve of a foot. The insole has heel, mid and forefoot sections. The forefoot section of the insole is formed with a pad having a neuroma pad section which underlies the third and fourth metatarsal heads of the foot, so that when a bottom of the foot is placed on the insole, the neuroma pad section applies an upward force to the bottom of the foot sufficient to spread the third and fourth metatarsal heads away from one another and thereby relieve pressure on the third common digital nerve to reduce the risk of neuroma. In other embodiments, the pad is formed as a separate pad for placement in footwear. An insole designed for use with thonged footwear is also disclosed.