Precision stripping pliers designed for the precise stripping of difficult-to-remove insulating materials such as PTFE, silicone, Radox, Kapton, and rubber, including multi-layer insulation. A second pair of blades securely holds the remaining insulation in place. Replaceable form blades are precisely matched to the respective conductor cross-section. The tool has the capacity for half-moon, square connections, stepped squares, triangular, and hexagonal shapes, with a clamping range for round and square conductors.