I have a lifetime MBAM license too, I am glad they still honor it after all this time. I use it with MS Security/Defender on my Windows laptop. I do see the VPN offer in the GUI but that does not bother me. I don't need a VPN so I just leave it turned off. I don't see the Identity Protection offer in the GUI either. I think the Identity Protection must not be part of the version I got with the lifetime license. I am on v. 5.1.6.117 with the Web Protection, Malware and PUP Protection, Ransomware and Exploit Protection modules active.
The only odd thing I have seen with MBAM is every so often when I boot up my laptop MBAM does not start, and does not show the icon in the task bar like it should. It will start from the desktop shortcut. I think it may do that that when it is updating. I am not real worried about that either. The Lifetime License MBAM must be somewhat different from the actual paid annual subscription but the protection aspects of MBAM are working OK here so I will keep using it.
C.H.