They should either provide perpetual license or not. It is very sad to see Jetbrains throwing this kind of usability trick at us. You still have the option to go to their website and download it yourself, but then it is not desktop-integrated but just a raw java application, you have to integrate it with the desktop yourself. And the perpetual licenses are out of the toolbox some days after expired. Now they have disabled that functionality.
In the past, in the toolbox you would be informed of your perpetual licenses so that you can install your perpetual license when your update period expired.
So, we find it convenient that they have a perpetual fall-back license: you own the version at the time your purchased. However we are a small company and we are not always capable to pay for updates. The latest review from Trustpilot - Their product is good. I mainly use the Ultimate version of IntelliJ IDEA and it's.