There are two basic types of indexible threading inserts; those specific to one pitch, and those that cover a range of pitches.
Inserts that cover a range of pitches have the correct thread angle, but the root dimensions are set for the finest pitch, and will therefore be incorrect for coarser pitches. In addition they do not form the outer diameter or crest.
Those inserts designed for a specific thread pitch will correctly form both the root and crest for the particular thread pitch.
I screwcut a lot of imperial, mainly Whitworth form threads, and I prefer to use the pitch specific inserts as they give the correct root and crest radii.
Note that external and internal threading inserts for the same nominal thread are different, to account for the differences in internal and external thread forms. As in this picture of external and internal full profile inserts for the same thread form, in this case 2mm pitch ISO:

Andrew