Actually, the device IS always encrypted, and enabling LastPass accessibility (or ANY accessibility service in Android 5.x) DOES disable the encryption, even though this seems counter-intuitive.
This is a known bug in Google's implementation and it is a big one.
When your device comes, it is encrypted with a default password. The password does not decrypt the drive, it decrypts a key bloc which decrypts the drive. This is a standard process in many systems these days because it lets you change the password without having to re-encrypt the whole drive. When you 'enable' encryption and set a pin, all Android is doing is re-encrypting that key block. Follow me so far?
When you enable Accessibility services (including LastPass), the password is reset to the default. It is still technically 'encrypted' but everyone and their monkey's uncle can decrypt it without knowing your pin/pattern, which makes the encryption *completely useless*. Personally, I would recommend leaving the accessibility service completely disabled on Android 5.0/5.1. This is a BIG PROBLEM and people need to pressure Google into fixing it. There is a blog post out there with details on this bug, but unfortunately, this &^$^#% forum won't let me link to it.