SAML support on BIG-IP 11.5 VE Lab Edition

It certainly does - just like any other version of the BIG-IP starting with v11.3.0. I suggest you read my post here that provides links to all things SAML-related:

https://devcentral.f5.com/articles/did-you-know-that-you-can-leverage-f5-big-ip-as-saml-20-identity-provider-for-office-365

Thanks Michael. But when I started up the VE Lab edition and tried to follow the SAML IDP and SP on F5 APM setup procedure, I don't see the Access Policy menu in the Main menu of the configuration page.

From the License tab, it reviewed the following active modules: - BIG-IP, LAB(LTM,AFM,APM,ASM,AM, DNS, PSM,GTM),VE(Perpetual) - DNSSEC(Perpetual) - GTM, VE(Perpetual)

Did I miss something in the configuration?

That's did it. Thanks.