<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4/A</documentType>
<periodOfReport>2003-05-15</periodOfReport>
<dateOfOriginalSubmission>2003-05-19</dateOfOriginalSubmission>
<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000315293</issuerCik>
        <issuerName>AON CORP</issuerName>
        <issuerTradingSymbol>AOC</issuerTradingSymbol>
</issuer>
<reportingOwner><reportingOwnerId>
            <rptOwnerCik>0001145037</rptOwnerCik>
            <rptOwnerName>RYAN PATRICK G</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector>
<isOfficer>1</isOfficer>
<isTenPercentOwner>0</isTenPercentOwner>
<isOther>0</isOther>
<officerTitle>Chairman and CEO</officerTitle>
<otherText></otherText>
</reportingOwnerRelationship>
</reportingOwner>
<nonDerivativeSecurity><securityTitle><value>Common Stock</value>
</securityTitle>
<transactionDate><value>2003-05-15</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>F</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionAmounts><transactionShares><value>27982</value>
<footnoteId id="F1"></footnoteId>
</transactionShares>
<transactionValue><value>24.82</value>
</transactionValue>
<transactionAcquiredDisposedCode><value>D</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>13148755</value>
<footnoteId id="F2"></footnoteId>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</nonDerivativeSecurity>
<footnotes><footnote id="F1">Shares of common stock withheld by issuer for payment of withholding taxes on the conversion of phantom stock into shares of common stock.  On the reporting person's Form 4 that is being amended, this number was incorrectly reported as 64,931.</footnote>
<footnote id="F2">On the reporting person's Form 4 that is being amended, this number was incorrectly reported as 13,111,806.  The reporting person also is the indirect beneficial owner of the following securities:  365,876 by ESOP and Savings Plan; 9,951,953 by Spouse; 583,942 by Spouse as Trustee.</footnote>
</footnotes>
<ownerSignature><signatureName>/s/ Patrick G. Ryan</signatureName>
<signatureDate>2003-07-08</signatureDate>
</ownerSignature>
</ownershipDocument>

