I am the one who looks at this type of situations for a power company, and If that tree was on our system I would not allow you to do the job that close to the lines. I would use our crews to do a "Make Safe" for you, that is getting 10' of clearance from the tree to the lines. In this situation, basically we would cut the tree but no clean up done. Even with my crews doing the job the power would be shut off, no question. I do not care if I had to shut the sub down for that tree, it would not have any power in that line as long as there was a danger to human life. Rubbers as they are called are for extra protection to lineman who already have rubber boots, gloves and sleeves. Not a tree trimmer with a t-shirt and blue jeans and a pair of spikes dug deeply in a tree. Tell me this, what IF there was a limb break while a piece is being lifted and rolled the sleeve off of the line, what is protecting your climber then? See my point.
There are such thing as insulated primary lines. They are called Hendrix cables. They are mainly used in situations where proper clearance cannot be obtained. It is very costly compared to other wire. There is also wire that has a weather proofing as stated earlier and is not an insulation. Both of which are not to be considered insulated and all minimum separation clearances should be maintained.
Another misconception is: the higher the wire the higher the voltage. Wrong, there are several systems that have the neutral on the top. I am not talking about static lines either. We have a couple of spans of this type construction on our system and the neutral is on the top.