A milling insert, including an upperside, an underside, and a reference plane parallel to the upperside and the underside. A plurality of indexable cutting edges are formed along a peripheral borderline in transitions between at least the upperside and a number of clearance surfaces. Each cutting edge includes a chip-removing main edge and a surface-wiping secondary edge, the secondary edge forming an obtuse angle with the main edge as viewed in planar view from the upperside. The main edge, from a first end of the main edge adjacent to the secondary edge, first declines toward the underside of the milling insert and then, from a lowest part, rises toward an opposite second end of the main edge. The secondary edge is inclined at an angle (ε) in relation to the reference plane as viewed perpendicularly to the clearance surface of the secondary edge, such that a first end of the secondary edge connected to the main edge is situated on a lower level than the opposite, second end of the secondary edge.