Richard, I believe as others have said, it is a way of disconnecting the pump without going back to the breaker.
If you were say changing the capacitor in the pump control box, it sure would be handy to just reach over and disconnect power and be able to have your eyes on how it was disconnected. Not that you turned off the breaker, someone went to the breaker panel when your head was in the closet and "fixed" the problem of no water pressure by turning the breaker back on
I have on of the 30 amp disconnects I just put on my pump with 2, 20 amp fuses in it (the tootsie roll style but the same thing)
Mine happens to be in the well house hole, but the point is the same.
If you are there working on the pump, pressure switch, whatever, you need to be able to pull power. You can unscrew the fuses. It is far better IMO than having to go back to the box and flip the breaker (unless you said it and the box is side by side)
Anyway, I think that is more than likely what was handy, as I can identify, I picked up the disconnect at Lowes, thought I looked and thought it could be used with or without fuses, then after mounting the box, realized I had to have fuses to make it work, so off SWMBO went to get fuses from Lowes
My wiring, and I think it is standard is from my CB box, to my disconnect, to my pressure switch, to my pump control box, to my well pump. If you had a two wire pump, you would not have the pump control box part of the equation.